TOTAL REV $13.31M
TOTAL EXP $11.34M
NET $1.96M

Investment Profile · FY 2019

Murray State University

Murray, Kentucky · NCAA Division I-FCS · Public, 4-year or above · Enrollment 6,127

ZIP 420713318 · IPEDS unitid 157401

Revenue Percentile (Division)
52th

Key Financial Metrics · 2019

Total Revenue
$13.31M

Total Expenses
$11.34M

Net Result
$1.96M

Unique Athletes
216

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 67.6%Women’s programs 32.4%

$9M
$4.31M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment contracted by 930 (-13.2%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Basketball

$5.24M

Football

$4.11M

All Track Combined

$868.7K

Golf

$643K

Soccer

$609.5K

Baseball

$574.8K

Softball

$498.8K

Volleyball

$462.1K

Tennis

$275.4K

Track and Field, X-Country

$17.9K

Expense by sport

Basketball

$3.68M

Football

$3.49M

All Track Combined

$816.7K

Golf

$579.8K

Soccer

$752K

Baseball

$568.8K

Softball

$518.9K

Volleyball

$529.8K

Tennis

$366.6K

Track and Field, X-Country

$36.8K

Sport-by-sport profile table

Sport Men Women Coed (M/W) Revenue Expense Net
Basketball 2 13 13 $5.24M $3.68M $1.56M
Football 7 95 0 $4.11M $3.49M $620.3K
All Track Combined 3 0 121 $868.7K $816.7K $52.1K
Golf 8 10 8 $643K $579.8K $63.2K
Soccer 15 0 30 $609.5K $752K $-142.5K
Baseball 1 34 0 $574.8K $568.8K $6K
Softball 16 0 20 $498.8K $518.9K $-20.1K
Volleyball 26 0 15 $462.1K $529.8K $-67.7K
Tennis 22 0 8 $275.4K $366.6K $-91.2K
Track and Field, X-Country 25 10 0 $17.9K $36.8K $-18.8K
Rifle 12 0 0 2 / 6 $0 $0 $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$61.6K

Athletes Tracked
216

Top Sport Share
Basketball · 39.4%

Program Count
11

Unique men
95

Unique women
121

Per-sport slots
377

Multi-sport coeff
1.75x

Coed men
2

Coed women
6

The program has 216 unique athletes filling 377 sport roster slots — a 1.75x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FCS
Sector
Public, 4-year or above
Total Enrollment
6,127
Revenue Tier
Above-median (52th pct.)
Peers in Division
124 schools
Peers in Kentucky
27 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
South Dakota State University SD $13.16M $0 $-150.1K
Citadel Military College of South Carolina SC $13.13M $1.78M $-177.2K
Houston Baptist University TX $13.55M $0 $247.3K
Howard University DC $13.05M $0 $-254.2K
Stephen F Austin State University TX $13.01M $0 $-299.1K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $2.2K Athletic revenue per enrolled student
Expense Ratio 85.2% Expenses as % of revenue
Top Sport Share 39.4% Revenue concentration in top program
Division Percentile 52th Revenue rank within NCAA Division I-FCS

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