New Mexico State University (NMSU) Swimming and Diving Financial Data

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

In fiscal year 2025, New Mexico State University (NMSU)'s Swimming and Diving program reported $517K in revenue and $1.0M in expenses, for a net deficit of $498K. The largest revenue source was Direct Institutional Support at $477K. Among the 56 FBS programs reporting Swimming and Diving data, New Mexico State University ranks 52nd overall in total expenses (20th of 23 Group of Five programs) — below the FBS average of $2.7M. New Mexico State University competes in the C-USA; financial data is available from FY2010 through FY2025.

FY2025 Overview

Total Revenue
$517,459
Total Expenses
$1,015,355
Net
-$497,896

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FY2025 Revenue Sources

CategoryAmount
Direct Institutional Support$476,519
Contributions$20,434
Other Operating Revenue$12,000
Athletics Restricted Endowment and Investments Income$4,258
In-Kind$4,248

FY2025 Expense Breakdown

CategoryAmount
Athletic Student Aid$623,509
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$226,215
Team Travel$97,500
Sports Equipment, Uniforms and Supplies$29,133
Other Operating Expenses$12,781
Student-Athlete Meals (non-travel)$10,279
Recruiting$8,081
Direct Overhead and Administrative Expenses$4,108
Game Expenses$2,257
Memberships and Dues$839
Guarantees$653
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$517,459$1,015,355-$498K
FY2024$518,903$985,402-$466K
FY2023$435,265$875,827-$441K
FY2022$489,473$892,723-$403K
FY2021$415,550$764,718-$349K
FY2020$525,075$929,545-$404K

New Mexico State University Swimming and Diving — Financial Context

The Swimming and Diving program operates at a $498K deficit, with 92% of its $517K in revenue coming from Direct Institutional Support rather than self-generated sources. At $1.0M in total expenses, the program ranks 52nd out of 56 FBS programs in spending — well below the FBS average of $2.7M — though costs have steadily climbed from $765K in FY2021. Athletic Student Aid represents the program's single largest expenditure at $624K, accounting for roughly 60% of all spending.

Other Sports at New Mexico State University

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

Frequently Asked Questions

What does New Mexico State University spend on Swimming and Diving?
New Mexico State University Swimming and Diving reported $1,015,355 in total expenses in FY2025. The largest expense was Athletic Student Aid at $623,509.
How does New Mexico State University Swimming and Diving spending compare to other FBS programs?
Among the 56 FBS programs reporting Swimming and Diving data, New Mexico State University ranks 52nd overall in total expenses (20th of 23 Group of Five programs) — below the FBS average of $2.7M.
How is New Mexico State University Swimming and Diving funded?
Like most Group of Five Swimming and Diving programs, New Mexico State University funds Swimming and Diving primarily through shared athletic department revenues, which flow from football and basketball at most FBS institutions.