TOTAL REV $17.6M
TOTAL EXP $16.51M
NET $1.09M
TOTAL EXP $16.51M
NET $1.09M
Investment Profile · FY 2019
Montana State University
Bozeman, Montana · NCAA Division I-FCS · Public, 4-year or above · Enrollment 12,275
ZIP 59717 · IPEDS unitid 180461
Revenue Percentile (Division)
74th
74th
Key Financial Metrics · 2019
Total Revenue
$17.6M
Total Expenses
$16.51M
Net Result
$1.09M
Unique Athletes
223
Revenue & Expense Trend (2015–2019)
Revenue
Expenses
Expenses
Gender Investment Allocation
Men’s programs 74.5%Women’s programs 25.5%
$13.11M
$4.48M
$4.48M
Enrollment Trend (2015–2019)
Total
Men
Women
Men
Women
Total enrollment grew by 737 (6.4%) from 2015 to 2019.
Sport Program Investment
Revenue by sport
Football
$9.98M
Basketball
$3.13M
All Track Combined
$1.48M
Skiing
$997.4K
Volleyball
$933.7K
Tennis
$724.9K
Golf
$346.2K
Expense by sport
Football
$8.16M
Basketball
$3.59M
All Track Combined
$1.4M
Skiing
$1.11M
Volleyball
$1.09M
Tennis
$746.6K
Golf
$407.1K
Sport-by-sport profile table
| Sport | Men | Women | Revenue | Expense | Net |
|---|---|---|---|---|---|
| Football 7 | 113 | 0 | $9.98M | $8.16M | $1.82M |
| Basketball 2 | 15 | 19 | $3.13M | $3.59M | $-458K |
| All Track Combined 3 | 87 | 110 | $1.48M | $1.4M | $81K |
| Skiing 14 | 12 | 17 | $997.4K | $1.11M | $-114.7K |
| Volleyball 26 | 0 | 17 | $933.7K | $1.09M | $-158K |
| Tennis 22 | 10 | 8 | $724.9K | $746.6K | $-21.7K |
| Golf 8 | 0 | 10 | $346.2K | $407.1K | $-60.9K |
Participation & Revenue-per-Athlete
Revenue / Unique Athlete
$78.9K
Athletes Tracked
223
Top Sport Share
Football · 56.7%
Program Count
7
Unique men
113
Unique women
110
Per-sport slots
418
Multi-sport coeff
1.87x
Coed men
—
Coed women
—
The program has 223 unique athletes filling 418 sport roster slots — a 1.87x multi-sport coefficient indicating extensive cross-sport participation.
Division & Classification Context
- Classification
- NCAA Division I-FCS
- Sector
- Public, 4-year or above
- Total Enrollment
- 12,275
- Revenue Tier
- Above-median (74th pct.)
- Peers in Division
- 124 schools
- Peers in Montana
- 12 schools
Peer Benchmark
| Peer School | State | Revenue | Net | Δ vs. subject |
|---|---|---|---|---|
| Mercer University | GA | $17.57M | $0 | $-23K |
| University of the Incarnate Word | TX | $17.39M | $194K | $-209.3K |
| California State University-Sacramento | CA | $17.35M | $0 | $-249.3K |
| SUNY at Albany | NY | $17.99M | $2.86M | $390.2K |
| Dartmouth College | NH | $17.02M | $0 | $-574.2K |
Financial Ratios & Investment Lens
| Metric | Value | Definition |
|---|---|---|
| Subsidy Rate | 0.0% | Expense shortfall as % of revenue |
| Revenue / Enrollment | $1.4K | Athletic revenue per enrolled student |
| Expense Ratio | 93.8% | Expenses as % of revenue |
| Top Sport Share | 56.7% | Revenue concentration in top program |
| Division Percentile | 74th | Revenue rank within NCAA Division I-FCS |