Help on college sports revenues/expenses

[Cosmo]

I remember a couple of years ago that I found a web site that listed the revenues and expenses for every Division I school, public or private. They had to report to the NCAA regardless. I don't think the site was run by the NCAA. Maybe by a department of higher education? I can't remember. Does anyone else here even have a vague clue of what I'm talking about? If so, could you help direct me to said site? Thanks.

 

[Beach_Bum]

EADA. http://ope.ed.gov/athletics/


The numbers can be very misleading. They are good for getting total budget numbers and the breakdown of how money is spent, but the revenues are tricky. There is no uniform policy for how the schools report; for this, they can count subsidy as "revenue" if they choose to do so.

 

[azmgb]

This might be what you're looking for, although it appears to be from a couple years ago and doesn't actualy include EVERY team, only the ones they were able to get reports from.

http://www2.indystar.com/NCAA_financial_reports/

 

[Cosmo]

EADA. http://ope.ed.gov/athletics/


The numbers can be very misleading. They are good for getting total budget numbers and the breakdown of how money is spent, but the revenues are tricky. There is no uniform policy for how the schools report; for this, they can count subsidy as "revenue" if they choose to do so.

Yes ... that's it! Thanks Beach Bum.

 

[mediaguy]

There are a ton of schools where the revenues and expenses match to the dollar, which is a good sign one of the numbers isn't legit. Lots of good projects that can come from that database, though ...

 

[Beach_Bum]

Yes, when the dollars match exactly, it's a pretty good sign that discretionary funds were transferred to cover a deficit.

 

[MU_was_not_so_hard]

Yes, when the dollars match exactly, it's a pretty good sign that discretionary funds were transferred to cover a deficit.

Last school I covered was a perfect match to the penny.
I once made a crack about their accountants being perfectly in-line w/ their spending. Guy I was talking to didn't realize I was joking.

 

[accguy]

The other thing to remember is that every school handles things differently. How are administrative salaries handled? What about academic support? Do they pay for their own heat/light/water or does that get paid by the central administration?

For big conferences, how are shared bowl/ncaa tournament revenues handled? Do they count under the individual sport? Or in a lump sum?

It's a great place to start, but you will have to ask a lot of questions after you look at them.

 

[BrianGriffin]

In some states, the legislature does an audit of PUBLIC schools and those numbers are usually available, often online.

 

[Cosmo]

The other thing to remember is that every school handles things differently. How are administrative salaries handled? What about academic support? Do they pay for their own heat/light/water or does that get paid by the central administration?

For big conferences, how are shared bowl/ncaa tournament revenues handled? Do they count under the individual sport? Or in a lump sum?

It's a great place to start, but you will have to ask a lot of questions after you look at them.

Oh, definitely. I was just looking for ballpark numbers as a jumping off point. I cover a private school, so those numbers are hard to come by sometimes.

 

[accguy]

With a private school, you also should be able to get the school's 990 that is filed with the IRS online. You can go to guidestar.org.

I just pulled up, for fun, Duke's latest 990. It was filed in 2006. In it, non-profits have to report the salaries of its five highest paid employees.

In that year, a certain Coach K made 1.3 million in compensation, another 36K in benefits and 28k in expenses.

 

[Armchair_QB]

A good rule of thumb to follow is that if it's a women's sport it's losing a ****load of money.

 

[Cosmo]

With a private school, you also should be able to get the school's 990 that is filed with the IRS online. You can go to guidestar.org.

I just pulled up, for fun, Duke's latest 990. It was filed in 2006. In it, non-profits have to report the salaries of its five highest paid employees.

In that year, a certain Coach K made 1.3 million in compensation, another 36K in benefits and 28k in expenses.

Good stuff there. Nice to see the football coach fired in 2005 is still the school's second highest paid employee. Appreciate the help.