TOTAL REV $10.44M
TOTAL EXP $9.42M
NET $1.02M

Investment Profile · FY 2019

University of Minnesota-Duluth

Duluth, Minnesota · NCAA Division II with football · Public, 4-year or above · Enrollment 8,411

ZIP 55812 · IPEDS unitid 174233

Revenue Percentile (Division)
96th

Key Financial Metrics · 2019

Total Revenue
$10.44M

Total Expenses
$9.42M

Net Result
$1.02M

Unique Athletes
231

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 62.9%Women’s programs 37.1%

$6.56M
$3.88M

Sport Program Investment

Revenue by sport

Ice Hockey

$5.79M

Football

$1.64M

Basketball

$1.23M

Volleyball

$563.6K

All Track Combined

$357.7K

Soccer

$349.7K

Softball

$263.5K

Baseball

$190.4K

Tennis

$51.7K

Expense by sport

Ice Hockey

$4.77M

Football

$1.64M

Basketball

$1.23M

Volleyball

$563.6K

All Track Combined

$357.7K

Soccer

$349.7K

Softball

$263.5K

Baseball

$190.4K

Tennis

$51.7K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Ice Hockey 10 25 23 $5.79M $4.77M $1.02M
Football 7 104 0 $1.64M $1.64M $0
Basketball 2 14 13 $1.23M $1.23M $0
Volleyball 26 0 16 $563.6K $563.6K $0
All Track Combined 3 94 127 $357.7K $357.7K $0
Soccer 15 0 32 $349.7K $349.7K $0
Softball 16 0 15 $263.5K $263.5K $0
Baseball 1 35 0 $190.4K $190.4K $0
Tennis 22 0 8 $51.7K $51.7K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$45.2K

Athletes Tracked
231

Top Sport Share
Ice Hockey · 55.4%

Program Count
9

Unique men
104

Unique women
127

Per-sport slots
506

Multi-sport coeff
2.19x

Coed men

Coed women

The program has 231 unique athletes filling 506 sport roster slots — a 2.19x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division II with football
Sector
Public, 4-year or above
Total Enrollment
8,411
Revenue Tier
Top-tier (96th pct.)
Peers in Division
167 schools
Peers in Minnesota
48 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Northern Michigan University MI $10.41M $66.3K $-24.8K
McKendree University IL $10.58M $270 $144.3K
Florida Institute of Technology FL $10.25M $491.1K $-191.6K
Wingate University NC $9.84M $738.6K $-593.7K
Minnesota State University-Mankato MN $9.77M $25.6K $-669.6K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $1.2K Athletic revenue per enrolled student
Expense Ratio 90.2% Expenses as % of revenue
Top Sport Share 55.4% Revenue concentration in top program
Division Percentile 96th Revenue rank within NCAA Division II with football

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