In fiscal year 2025, New Mexico State University (NMSU)'s Volleyball program reported $361K in revenue and $1.2M in expenses, for a net deficit of $871K. The largest revenue source was Direct Institutional Support at $280K. Among the 76 FBS programs reporting Volleyball data, New Mexico State University ranks 61st overall in total expenses (20th of 35 Group of Five programs) — below the FBS average of $2.4M. New Mexico State University competes in the C-USA; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Direct Institutional Support | $279,916 |
| Contributions | $26,284 |
| Ticket Sales | $25,458 |
| Sports Camp Revenues | $22,617 |
| In-Kind | $5,493 |
| Other Operating Revenue | $1,600 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $472,482 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $335,632 |
| Team Travel | $161,630 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $80,000 |
| Game Expenses | $73,784 |
| Sports Equipment, Uniforms and Supplies | $34,075 |
| Guarantees | $23,000 |
| Recruiting | $16,510 |
| Other Operating Expenses | $11,533 |
| Student-Athlete Meals (non-travel) | $7,587 |
| Sports Camp Expenses | $7,351 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $4,442 |
| Direct Overhead and Administrative Expenses | $3,045 |
| Fund Raising, Marketing and Promotion | $1,136 |
| Memberships and Dues | $275 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $361,368 | $1,232,482 | -$871K |
| FY2024 | $353,872 | $1,187,759 | -$834K |
| FY2023 | $434,175 | $1,272,552 | -$838K |
| FY2022 | $295,607 | $1,100,576 | -$805K |
| FY2021 | $241,751 | $1,046,497 | -$805K |
| FY2020 | $360,557 | $1,165,978 | -$805K |
The volleyball program operates at an $871K deficit, generating just $361K in revenue against $1.2M in expenses — with Direct Institutional Support accounting for $280K of that revenue, meaning the school is effectively subsidizing most of its own income. At $1.2M in total expenses, the program ranks 61st among 76 FBS programs and sits well below the FBS average of $2.4M, reflecting a lean but consistently maintained budget that has held relatively steady since FY2020. Athletic Student Aid represents the program's single largest cost at $472K, comprising roughly 39% of total expenses.
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