In fiscal year 2025, New Mexico State University (NMSU)'s Softball program reported $277K in revenue and $1.2M in expenses, for a net deficit of $917K. The largest revenue source was Direct Institutional Support at $212K. Among the 70 FBS programs reporting Softball data, New Mexico State University ranks 53rd overall in total expenses (15th of 32 Group of Five programs) — below the FBS average of $2.3M. New Mexico State University competes in the C-USA; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Direct Institutional Support | $211,503 |
| In-Kind | $27,454 |
| Ticket Sales | $23,048 |
| Other Operating Revenue | $12,900 |
| Contributions | $1,516 |
| Athletics Restricted Endowment and Investments Income | $262 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $349,316 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $283,633 |
| Team Travel | $231,510 |
| Direct Overhead and Administrative Expenses | $107,477 |
| Game Expenses | $90,828 |
| Sports Equipment, Uniforms and Supplies | $84,664 |
| Student-Athlete Meals (non-travel) | $15,003 |
| Other Operating Expenses | $14,113 |
| Guarantees | $9,534 |
| Recruiting | $7,037 |
| Memberships and Dues | $685 |
| Medical Expenses and Insurance | $310 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $276,683 | $1,194,110 | -$917K |
| FY2024 | $286,118 | $1,175,477 | -$889K |
| FY2023 | $251,222 | $1,171,202 | -$920K |
| FY2022 | $220,284 | $1,022,768 | -$802K |
| FY2021 | $206,294 | $947,601 | -$741K |
| FY2020 | $227,772 | $856,994 | -$629K |
The softball program operated at a $917K deficit in FY2025, with $1.2M in expenses dwarfing $277K in revenue — 77% of which came from Direct Institutional Support rather than any form of self-generated income. At $1.2M in total expenses, the program ranks 53rd among 70 FBS programs and sits well below the FBS average of $2.3M, though spending has grown steadily from $857K in FY2020. Athletic Student Aid represented the single largest expense category at $349K, accounting for roughly 29% of the program's total costs.
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