New Mexico State University (NMSU) Golf Financial Data

NCAA Membership Financial Reporting System (MFRS) · C-USA · Data available: FY2010–FY2025

In fiscal year 2025, New Mexico State University (NMSU)'s Golf program reported $469K in revenue and $1.0M in expenses, for a net deficit of $574K. The largest revenue source was Direct Institutional Support at $241K. Among the 76 FBS programs reporting Golf data, New Mexico State University ranks 59th overall in total expenses (17th of 34 Group of Five programs) — below the FBS average of $2.0M. New Mexico State University competes in the C-USA; financial data is available from FY2010 through FY2025.

FY2025 Overview

Total Revenue
$469,100
Total Expenses
$1,043,106
Net
-$574,006

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FY2025 Revenue Sources

CategoryAmount
Direct Institutional Support$241,178
Contributions$143,447
Royalties, Licensing, Advertisement and Sponsorships$38,000
Other Operating Revenue$35,770
Athletics Restricted Endowment and Investments Income$6,500
In-Kind$4,205

FY2025 Expense Breakdown

CategoryAmount
Athletic Student Aid$391,671
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$323,340
Team Travel$188,135
Sports Equipment, Uniforms and Supplies$65,902
Other Operating Expenses$29,593
Recruiting$13,194
Fund Raising, Marketing and Promotion$11,536
Student-Athlete Meals (non-travel)$9,937
Game Expenses$6,400
Direct Overhead and Administrative Expenses$2,071
Memberships and Dues$925
Medical Expenses and Insurance$402
Data sourced from NCAA MFRS filings obtained via public records (FOIA) requests and official athletic department disclosures. Figures are as reported to the NCAA and may include institutional support, conference distributions, and other non-self-generated revenue. See the methodology page for full sourcing details.

Year-over-Year Trend

Fiscal YearRevenueExpensesNet
FY2025$469,100$1,043,106-$574K
FY2024$455,696$956,147-$500K
FY2023$402,931$888,094-$485K
FY2022$358,505$814,177-$456K
FY2021$380,349$853,016-$473K
FY2020$329,163$776,259-$447K

New Mexico State University Golf — Financial Context

The golf program operated at a $574K deficit in FY2025, generating $469K in revenue against $1.0M in expenses, with Direct Institutional Support accounting for the majority of revenue at $241K. Athletic Student Aid represented the program's single largest cost at $392K, comprising roughly 39% of total expenditures. Program costs have climbed steadily over the past six years, rising from $776K in FY2020 to $1.0M in FY2025, though spending remains well below the FBS average of $2.0M, ranking 59th out of 76 FBS programs.

Other Sports at New Mexico State University

Football · Men's Basketball · Women's Basketball · Baseball · Soccer · Volleyball · Swimming and Diving · Softball · Tennis · Track and Field

Frequently Asked Questions

What does New Mexico State University spend on Golf?
New Mexico State University Golf reported $1,043,106 in total expenses in FY2025. The largest expense was Athletic Student Aid at $391,671.
How does New Mexico State University Golf spending compare to other FBS programs?
Among the 76 FBS programs reporting Golf data, New Mexico State University ranks 59th overall in total expenses (17th of 34 Group of Five programs) — below the FBS average of $2.0M.
How is New Mexico State University Golf funded?
Like most Group of Five Golf programs, New Mexico State University funds Golf primarily through shared athletic department revenues, which flow from football and basketball at most FBS institutions.