University of Toledo Swimming and Diving Finances FY2025

University of Toledo Swimming and Diving Financial Data

NCAA Membership Financial Reporting System (MFRS) · MAC · Data available: FY2011–FY2025

In fiscal year 2025, University of Toledo's Swimming and Diving program reported $7K in revenue and $1.0M in expenses, for a net deficit of $1.0M. Like most Group of Five Swimming and Diving programs, University of Toledo generates minimal direct revenue and is funded primarily through shared athletic department revenues. Among the 56 FBS programs reporting Swimming and Diving data, University of Toledo ranks 50th overall in total expenses (18th of 23 Group of Five programs) — below the FBS average of $2.7M. University of Toledo competes in the MAC; financial data is available from FY2011 through FY2025.

FY2025 Overview

Total Revenue

$6,889

Total Expenses

$1,025,652

Net

-$1,018,763

FY2025 Revenue Sources

Category	Amount
Direct Institutional Support	$5,911
Other Operating Revenue	$978

Category	Amount
Athletic Student Aid	$682,000
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities	$228,291
Team Travel	$47,066
Sports Equipment, Uniforms and Supplies	$33,171
Other Operating Expenses	$26,813
Recruiting	$4,229
Game Expenses	$2,587
Student-Athlete Meals (non-travel)	$825
Memberships and Dues	$520
Fund Raising, Marketing and Promotion	$150

Category

Amount

Athletic Student Aid

$682,000

Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities

$228,291

Team Travel

$47,066

Sports Equipment, Uniforms and Supplies

$33,171

Other Operating Expenses

$26,813

Recruiting

$4,229

Game Expenses

$2,587

Student-Athlete Meals (non-travel)

$825

Memberships and Dues

$520

Fund Raising, Marketing and Promotion

$150

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 Year	Revenue	Expenses	Net
FY2025	$6,889	$1,025,652	-$1.0M
FY2024	$25,956	$1,017,515	-$992K
FY2023	$35,911	$887,057	-$851K
FY2022	$7,999	$919,798	-$912K
FY2021	$5,911	$727,956	-$722K
FY2020	$35,818	$876,686	-$841K

Fiscal Year

Revenue

Expenses

Net

FY2025

$6,889

$1,025,652

-$1.0M

FY2024

$25,956

$1,017,515

-$992K

FY2023

$35,911

$887,057

-$851K

FY2022

$7,999

$919,798

-$912K

FY2021

$5,911

$727,956

-$722K

FY2020

$35,818

$876,686

-$841K

University of Toledo Swimming and Diving — Financial Context

Toledo's Swimming and Diving program operates on a lean budget, ranking 50th out of 56 FBS programs in expenses with just $1.0M in total spending — less than half the FBS average of $2.7M. The program generates virtually no external revenue, relying almost entirely on $6K in Direct Institutional Support to account for its $7K total, resulting in a deficit of roughly $1.0M. Expenses have remained relatively stable over the past two fiscal years but have gradually climbed from $728K in FY2021, with Athletic Student Aid driving the majority of costs at $682K.

Frequently Asked Questions

What does University of Toledo spend on Swimming and Diving?

University of Toledo Swimming and Diving reported $1,025,652 in total expenses in FY2025. The largest expense was Athletic Student Aid at $682,000.

How does University of Toledo Swimming and Diving spending compare to other FBS programs?

Among the 56 FBS programs reporting Swimming and Diving data, University of Toledo ranks 50th overall in total expenses (18th of 23 Group of Five programs) — below the FBS average of $2.7M.

How is University of Toledo Swimming and Diving funded?

Like most Group of Five Swimming and Diving programs, University of Toledo funds Swimming and Diving primarily through shared athletic department revenues, which flow from football and basketball at most FBS institutions.