In fiscal year 2025, New Mexico State University (NMSU)'s Women's Basketball program reported $615K in revenue and $2.3M in expenses, for a net deficit of $1.7M. The largest revenue source was Direct Institutional Support at $389K. Among the 78 FBS programs reporting Women's Basketball data, New Mexico State University ranks 62nd overall in total expenses (20th of 36 Group of Five programs) — below the FBS average of $5.2M. New Mexico State University competes in the C-USA; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Direct Institutional Support | $388,717 |
| Contributions | $100,361 |
| Guarantees | $35,671 |
| In-Kind | $34,495 |
| Ticket Sales | $31,342 |
| Conference Distributions (Non Media and Non Football Bowl) | $24,162 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $709,231 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $598,404 |
| Team Travel | $468,955 |
| Game Expenses | $165,822 |
| Sports Equipment, Uniforms and Supplies | $83,661 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $80,000 |
| Other Operating Expenses | $66,671 |
| Recruiting | $42,725 |
| Student-Athlete Meals (non-travel) | $30,241 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $25,505 |
| Direct Overhead and Administrative Expenses | $11,789 |
| Guarantees | $9,000 |
| Fund Raising, Marketing and Promotion | $843 |
| Memberships and Dues | $470 |
| Medical Expenses and Insurance | $466 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $614,748 | $2,293,783 | -$1.7M |
| FY2024 | $508,379 | $2,073,633 | -$1.6M |
| FY2023 | $566,831 | $2,031,741 | -$1.5M |
| FY2022 | $422,211 | $1,668,334 | -$1.2M |
| FY2021 | $480,787 | $1,627,159 | -$1.1M |
| FY2020 | $379,379 | $1,617,226 | -$1.2M |
Operating at a $1.7M deficit in FY2025, the program generated $615K in revenue — the majority of which came from Direct Institutional Support ($389K) rather than market-driven sources. Total expenses reached $2.3M, led by Athletic Student Aid at $709K, placing the program 62nd out of 78 FBS programs by spending and well below the FBS average of $5.2M. Expenses have steadily climbed from $1.6M in FY2020, reflecting a consistent upward investment trajectory over the past five years.
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