TOTAL REV $30.95M
TOTAL EXP $30.95M
NET $0
TOTAL EXP $30.95M
NET $0
Investment Profile · FY 2019
James Madison University
Harrisonburg, Virginia · NCAA Division I-FCS · Public, 4-year or above · Enrollment 18,772
ZIP 22807 · IPEDS unitid 232423
Revenue Percentile (Division)
98th
98th
Key Financial Metrics · 2019
Total Revenue
$30.95M
Total Expenses
$30.95M
Net Result
$0
Unique Athletes
236
Revenue & Expense Trend (2015–2019)
Revenue
Expenses
Expenses
Gender Investment Allocation
Men’s programs 60.4%Women’s programs 39.6%
$18.69M
$12.26M
$12.26M
Enrollment Trend (2015–2019)
Total
Men
Women
Men
Women
Total enrollment grew by 452 (2.5%) from 2015 to 2019.
Sport Program Investment
Revenue by sport
Football
$11.32M
Basketball
$6.2M
Soccer
$2.74M
Softball
$1.39M
All Track Combined
$1.38M
Baseball
$1.35M
Golf
$1.21M
Lacrosse
$1.2M
Tennis
$1.14M
Swimming and Diving
$1.04M
Expense by sport
Football
$11.32M
Basketball
$6.2M
Soccer
$2.74M
Softball
$1.39M
All Track Combined
$1.38M
Baseball
$1.35M
Golf
$1.21M
Lacrosse
$1.2M
Tennis
$1.14M
Swimming and Diving
$1.04M
Sport-by-sport profile table
| Sport | Men | Women | Revenue | Expense | Net |
|---|---|---|---|---|---|
| Football 7 | 113 | 0 | $11.32M | $11.32M | $0 |
| Basketball 2 | 13 | 33 | $6.2M | $6.2M | $0 |
| Soccer 15 | 31 | 35 | $2.74M | $2.74M | $0 |
| Softball 16 | 0 | 23 | $1.39M | $1.39M | $0 |
| All Track Combined 3 | 0 | 123 | $1.38M | $1.38M | $0 |
| Baseball 1 | 37 | 0 | $1.35M | $1.35M | $0 |
| Golf 8 | 9 | 9 | $1.21M | $1.21M | $0 |
| Lacrosse 11 | 0 | 32 | $1.2M | $1.2M | $0 |
| Tennis 22 | 10 | 9 | $1.14M | $1.14M | $0 |
| Swimming and Diving 18 | 0 | 31 | $1.04M | $1.04M | $0 |
| Volleyball 26 | 0 | 17 | $994.5K | $994.5K | $0 |
| Field Hockey 6 | 0 | 29 | $981.4K | $981.4K | $0 |
Participation & Revenue-per-Athlete
Revenue / Unique Athlete
$131.1K
Athletes Tracked
236
Top Sport Share
Football · 36.6%
Program Count
12
Unique men
113
Unique women
123
Per-sport slots
554
Multi-sport coeff
2.35x
Coed men
—
Coed women
—
The program has 236 unique athletes filling 554 sport roster slots — a 2.35x multi-sport coefficient indicating extensive cross-sport participation.
Division & Classification Context
- Classification
- NCAA Division I-FCS
- Sector
- Public, 4-year or above
- Total Enrollment
- 18,772
- Revenue Tier
- Top-tier (98th pct.)
- Peers in Division
- 124 schools
- Peers in Virginia
- 47 schools
Peer Benchmark
| Peer School | State | Revenue | Net | Δ vs. subject |
|---|---|---|---|---|
| Georgetown University | DC | $32.37M | $0 | $1.42M |
| University of Delaware | DE | $28.06M | $274K | $-2.89M |
| Fordham University | NY | $27.53M | $0 | $-3.42M |
| Liberty University | VA | $35.64M | $0 | $4.69M |
| Colgate University | NY | $25.67M | $0 | $-5.28M |
Financial Ratios & Investment Lens
| Metric | Value | Definition |
|---|---|---|
| Subsidy Rate | 0.0% | Expense shortfall as % of revenue |
| Revenue / Enrollment | $1.6K | Athletic revenue per enrolled student |
| Expense Ratio | 100.0% | Expenses as % of revenue |
| Top Sport Share | 36.6% | Revenue concentration in top program |
| Division Percentile | 98th | Revenue rank within NCAA Division I-FCS |