TOTAL REV $8.38M
TOTAL EXP $8.15M
NET $234.7K

Investment Profile · FY 2019

Cumberland University

Lebanon, Tennessee · NAIA Division I · Private nonprofit, 4-year or above · Enrollment 1,826

ZIP 37087 · IPEDS unitid 219949

Revenue Percentile (Division)
91th

Key Financial Metrics · 2019

Total Revenue
$8.38M

Total Expenses
$8.15M

Net Result
$234.7K

Unique Athletes
172

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 66.9%Women’s programs 33.1%

$5.61M
$2.78M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 839 (85%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$2.06M

All Track Combined

$1.05M

Soccer

$1.04M

Basketball

$948.8K

Volleyball

$760.8K

Baseball

$759.3K

Wrestling

$489.3K

Tennis

$373.2K

Softball

$357.5K

Golf

$334.3K

Expense by sport

Football

$2.02M

All Track Combined

$1.05M

Soccer

$1.02M

Basketball

$916.7K

Volleyball

$724.2K

Baseball

$686.8K

Wrestling

$468.1K

Tennis

$371.1K

Softball

$338.2K

Golf

$334.3K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 136 0 $2.06M $2.02M $34.4K
All Track Combined 3 9 8 $1.05M $1.05M $0
Soccer 15 35 31 $1.04M $1.02M $15.4K
Basketball 2 25 22 $948.8K $916.7K $32.1K
Volleyball 26 13 36 $760.8K $724.2K $36.6K
Baseball 1 74 0 $759.3K $686.8K $72.5K
Wrestling 28 41 0 $489.3K $468.1K $21.1K
Tennis 22 11 10 $373.2K $371.1K $2.1K
Softball 16 0 33 $357.5K $338.2K $19.2K
Golf 8 10 7 $334.3K $334.3K $0
Bowling 33 11 7 $223.1K $221.9K $1.2K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$48.7K

Athletes Tracked
172

Top Sport Share
Football · 24.5%

Program Count
11

Unique men
136

Unique women
36

Per-sport slots
519

Multi-sport coeff
3.02x

Coed men

Coed women

The program has 172 unique athletes filling 519 sport roster slots — a 3.02x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NAIA Division I
Sector
Private nonprofit, 4-year or above
Total Enrollment
1,826
Revenue Tier
Top-tier (91th pct.)
Peers in Division
98 schools
Peers in Tennessee
44 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Lindsey Wilson College KY $8.78M $125.3K $393.6K
Georgetown College KY $8.84M $0 $460.1K
Texas Wesleyan University TX $8.88M $308.1K $496.4K
Robert Morris University Illinois IL $7.78M $0 $-602.9K
Central Methodist University-College of Liberal Arts and Sciences MO $7.63M $150.5K $-749.6K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $4.6K Athletic revenue per enrolled student
Expense Ratio 97.2% Expenses as % of revenue
Top Sport Share 24.5% Revenue concentration in top program
Division Percentile 91th Revenue rank within NAIA Division I

Source: U.S. Department of Education — Equity in Athletics Data Analysis (EADA). Fiscal year 2019. Last updated April 18, 2026.