In fiscal year 2025, San Jose State University (SJSU)'s Water Polo program reported $261K in revenue and $978K in expenses, for a net deficit of $717K. The largest revenue source was Contributions at $139K. Among the 5 FBS programs reporting Water Polo data, San Jose State University ranks 4th overall in total expenses (1st of 2 Group of Five programs) — below the FBS average of $1.9M. San Jose State University competes in the Mountain West; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Contributions | $139,118 |
| Student Fees | $75,153 |
| Athletics Restricted Endowment and Investments Income | $45,762 |
| Guarantees | $1,200 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $569,071 |
| Athletic Student Aid | $271,178 |
| Team Travel | $102,575 |
| Sports Equipment, Uniforms and Supplies | $21,186 |
| Recruiting | $5,625 |
| Student-Athlete Meals (non-travel) | $3,901 |
| Game Expenses | $1,750 |
| Enhanced Educational Benefits (Alston or other) | $1,225 |
| Other Operating Expenses | $1,157 |
| Memberships and Dues | $466 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $261,233 | $978,134 | -$717K |
| FY2024 | $272,765 | $1,133,048 | -$860K |
| FY2023 | $404,169 | $1,232,403 | -$828K |
| FY2022 | $953,709 | $953,708 | +$1 |
| FY2021 | $809,340 | $844,269 | -$35K |
| FY2020 | $260,244 | $1,074,195 | -$814K |
The water polo program operates at a $717K deficit, with $978K in expenses dwarfing the $261K in revenue — the bulk of which comes from contributions at $139K rather than any program-generated sources. Coaching salaries, benefits, and bonuses account for a commanding $569K of total expenses, representing over 58% of the program's cost structure. Spending has declined from a peak of $1.2M in FY2023, though at $978K the program still sits well below the FBS average of $1.9M, ranking 4th out of 5 FBS schools offering the sport.
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