In fiscal year 2025, New Mexico State University (NMSU)'s Soccer program reported $350K in revenue and $1.1M in expenses, for a net deficit of $776K. The largest revenue source was Direct Institutional Support at $322K. Among the 78 FBS programs reporting Soccer data, New Mexico State University ranks 70th overall in total expenses (28th of 36 Group of Five programs) — below the FBS average of $2.9M. New Mexico State University competes in the C-USA; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Direct Institutional Support | $321,661 |
| Ticket Sales | $12,621 |
| In-Kind | $8,720 |
| Contributions | $6,544 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $502,298 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $293,048 |
| Team Travel | $179,243 |
| Game Expenses | $39,511 |
| Sports Equipment, Uniforms and Supplies | $36,464 |
| Direct Overhead and Administrative Expenses | $25,197 |
| Recruiting | $21,553 |
| Other Operating Expenses | $14,623 |
| Student-Athlete Meals (non-travel) | $12,594 |
| Guarantees | $503 |
| Fund Raising, Marketing and Promotion | $456 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $349,546 | $1,125,490 | -$776K |
| FY2024 | $363,267 | $1,138,018 | -$775K |
| FY2023 | $395,038 | $1,107,794 | -$713K |
| FY2022 | $277,321 | $901,370 | -$624K |
| FY2021 | $263,482 | $855,771 | -$592K |
| FY2020 | $229,702 | $760,684 | -$531K |
The C-USA soccer program operates at a $776K deficit, generating $350K in revenue against $1.1M in expenses, with 92% of that revenue coming from direct institutional support rather than any form of self-generated income. At $1.1M in total expenses, the program ranks 70th out of 78 FBS programs and spends well below the FBS average of $2.9M, though costs have plateaued at that level for three consecutive years after rising steadily from $761K in FY2020. Athletic student aid represents the program's single largest expense at $502K, accounting for nearly half of all spending.
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