In fiscal year 2025, New Mexico State University (NMSU)'s Tennis program reported $400K in revenue and $897K in expenses, for a net deficit of $496K. The largest revenue source was Direct Institutional Support at $350K. Among the 73 FBS programs reporting Tennis data, New Mexico State University ranks 56th overall in total expenses (17th of 31 Group of Five programs) — below the FBS average of $1.8M. New Mexico State University competes in the C-USA; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Direct Institutional Support | $349,956 |
| Contributions | $45,305 |
| In-Kind | $5,004 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $486,585 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $186,029 |
| Team Travel | $137,602 |
| Sports Equipment, Uniforms and Supplies | $38,128 |
| Game Expenses | $28,553 |
| Student-Athlete Meals (non-travel) | $9,314 |
| Recruiting | $3,147 |
| Other Operating Expenses | $2,855 |
| Memberships and Dues | $2,660 |
| Direct Overhead and Administrative Expenses | $1,639 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $400,265 | $896,512 | -$496K |
| FY2024 | $378,904 | $854,628 | -$476K |
| FY2023 | $408,541 | $898,524 | -$490K |
| FY2022 | $373,725 | $849,522 | -$476K |
| FY2021 | $366,743 | $814,739 | -$448K |
| FY2020 | $404,475 | $807,340 | -$403K |
The tennis program generated $400K in revenue in FY2025, with 87.5% of that total coming from Direct Institutional Support, reflecting the program's near-total dependence on the athletic department rather than external sources. At $897K in total expenses, the program ranks 56th out of 73 FBS programs in spending, operating at roughly half the FBS average of $1.8M, with Athletic Student Aid representing the single largest cost at $487K. This spending profile produced a $496K net deficit in FY2025, while expenses have remained relatively stable over the past six years, fluctuating narrowly between $807K and $899K since FY2020.
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