TOTAL REV $12.06M
TOTAL EXP $12.06M
NET $0

Investment Profile · FY 2019

Belmont University

Nashville, Tennessee · NCAA Division I without football · Private nonprofit, 4-year or above · Enrollment 6,536

ZIP 372123757 · IPEDS unitid 219709

Revenue Percentile (Division)
54th

Key Financial Metrics · 2019

Total Revenue
$12.06M

Total Expenses
$12.06M

Net Result
$0

Unique Athletes
150

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 919 (16.4%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Basketball

$4.45M

Soccer

$1.88M

All Track Combined

$1.52M

Baseball

$1.04M

Volleyball

$942.8K

Softball

$820K

Tennis

$749.6K

Golf

$654K

Expense by sport

Basketball

$4.45M

Soccer

$1.88M

All Track Combined

$1.52M

Baseball

$1.04M

Volleyball

$942.8K

Softball

$820K

Tennis

$749.6K

Golf

$654K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Basketball 2 17 13 $4.45M $4.45M $0
Soccer 15 22 25 $1.88M $1.88M $0
All Track Combined 3 85 65 $1.52M $1.52M $0
Baseball 1 34 0 $1.04M $1.04M $0
Volleyball 26 0 13 $942.8K $942.8K $0
Softball 16 0 16 $820K $820K $0
Tennis 22 9 10 $749.6K $749.6K $0
Golf 8 9 7 $654K $654K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$80.4K

Athletes Tracked
150

Top Sport Share
Basketball · 36.9%

Program Count
8

Unique men
85

Unique women
65

Per-sport slots
325

Multi-sport coeff
2.17x

Coed men

Coed women

The program has 150 unique athletes filling 325 sport roster slots — a 2.17x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I without football
Sector
Private nonprofit, 4-year or above
Total Enrollment
6,536
Revenue Tier
Above-median (54th pct.)
Peers in Division
95 schools
Peers in Tennessee
44 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
La Salle University PA $12M $689.4K $-55K
Manhattan College NY $12M $0 $-58.1K
California State University-Northridge CA $12.12M $0 $64.2K
California State University-Fullerton CA $12.46M $-837.9K $404.6K
High Point University NC $12.51M $198.3K $451.3K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $1.8K Athletic revenue per enrolled student
Expense Ratio 100.0% Expenses as % of revenue
Top Sport Share 36.9% Revenue concentration in top program
Division Percentile 54th Revenue rank within NCAA Division I without football

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