Follow us on Twitter


Go Back   Panther Nation > News Forums > Sports News

Reply
 
Thread Tools Display Modes
Old 04-17-2016, 04:49 PM   #1
northwest iowa panther
member
 
Last Online: Today 08:33 AM
Join Date: Dec 2005
Posts: 768
Default 2015 Database of Revenue to Expense

http://sports.usatoday.com/ncaa/finances/

http://www.desmoinesregister.com/sto...nses/83035862/

This is the 2015 report on revenue and spending for public institutions in Division I. As we all know on this board, schools at our level outside of the Power 5 are heavily subsidized with institutional funds and state tax money.

I'm sure our new AD is reading this article as we speak.
northwest iowa panther is offline   Reply With Quote
Old 04-17-2016, 10:29 PM   #2
vbfan19
Senior Member
 
Last Online: Today 11:02 AM
Join Date: Oct 2014
Location: Cedar Falls
Posts: 1,420
Default Re: 2015 Database of Revenue to Expense

heck, plenty of schools in the Power 5 are heavily subsidized too.

according to that report, Wichita State has the highest budget amongst public institutions in the MVC (despite not having football).
UNI has the second lowest budget (Indiana State is lower by a good amount), but also has the second lowest amount of subsidies (WSU is much lower).

Code:
school    	conf.  	ttl revenue 	ttl expense 	ttl subsidy 	% subsidy
Wichita St 	MVC 	$26,682,738 	$25,100,692 	$ 7,461,906 	27.97
Illinois St 	MVC 	$26,316,799 	$26,201,435 	$19,155,965 	72.79
Missouri St	MVC 	$25,180,896 	$25,180,896 	$15,885,964 	63.09
Southern Ill. 	MVC 	$22,377,794 	$25,427,042 	$14,404,894 	64.37
N. Dakota St. 	Summit	$22,316,980 	$22,268,430 	$ 8,061,118 	36.12
Northern Iowa 	MVC	$20,477,962 	$19,810,525 	$10,708,536 	52.29
S. Dakota St 	Summit 	$16,393,101 	$16,417,153 	$ 8,259,982 	50.39
Youngstown St 	Horizon	$14,946,755 	$14,946,755 	$10,734,826 	71.82
South Dakota 	Summit 	$14,852,495 	$14,752,570 	$ 9,017,912 	60.72
Indiana St 	MVC	$14,593,214 	$14,017,870 	$10,980,783 	75.25
Western Ill. 	Summit 	$12,973,264 	$13,348,658 	$ 9,340,593 	72.00
vbfan19 is offline   Reply With Quote
Old 04-17-2016, 11:11 PM   #3
panther-state
Rockin' that Purp & Gold
 
panther-state's Avatar
 
Last Online: Yesterday 03:41 PM
Join Date: Jan 2011
Location: West Des Moines
Posts: 7,050
Default Re: 2015 Database of Revenue to Expense

Silly question but is the subsidy considered part of the total revenue?
panther-state is offline   Reply With Quote
Old 04-18-2016, 12:10 AM   #4
vbfan19
Senior Member
 
Last Online: Today 11:02 AM
Join Date: Oct 2014
Location: Cedar Falls
Posts: 1,420
Default Re: 2015 Database of Revenue to Expense

Quote:
Originally Posted by panther-state View Post
Silly question but is the subsidy considered part of the total revenue?
Yes.
This report considers "Subsidies" to be the total of "Student Fees" and "School Funds". And the total revenue includes those two categories, plus "Ticket Sales", "Contributions", "Rights/Licensing" and "other".

Here is UNI's breakdown of revenue from 2015:
ticket sales $2,160,629
contributions $3,023,350
rights / licensing $2,820,449
student fees $1,995,455
school funds $8,713,081
other $1,764,998
vbfan19 is offline   Reply With Quote
Old 04-18-2016, 11:51 AM   #5
ubuntuCAT
Senior Member
 
ubuntuCAT's Avatar
 
Last Online: Yesterday 07:57 PM
Join Date: Dec 2005
Location: Cedar Falls, IA
Posts: 4,542
Default Re: 2015 Database of Revenue to Expense

Quote:
Originally Posted by vbfan19 View Post
heck, plenty of schools in the Power 5 are heavily subsidized too.

according to that report, Wichita State has the highest budget amongst public institutions in the MVC (despite not having football).
UNI has the second lowest budget (Indiana State is lower by a good amount), but also has the second lowest amount of subsidies (WSU is much lower).

Code:
school    	conf.  	ttl revenue 	ttl expense 	ttl subsidy 	% subsidy
Wichita St 	MVC 	$26,682,738 	$25,100,692 	$ 7,461,906 	27.97
Illinois St 	MVC 	$26,316,799 	$26,201,435 	$19,155,965 	72.79
Missouri St	MVC 	$25,180,896 	$25,180,896 	$15,885,964 	63.09
Southern Ill. 	MVC 	$22,377,794 	$25,427,042 	$14,404,894 	64.37
N. Dakota St. 	Summit	$22,316,980 	$22,268,430 	$ 8,061,118 	36.12
Northern Iowa 	MVC	$20,477,962 	$19,810,525 	$10,708,536 	52.29
S. Dakota St 	Summit 	$16,393,101 	$16,417,153 	$ 8,259,982 	50.39
Youngstown St 	Horizon	$14,946,755 	$14,946,755 	$10,734,826 	71.82
South Dakota 	Summit 	$14,852,495 	$14,752,570 	$ 9,017,912 	60.72
Indiana St 	MVC	$14,593,214 	$14,017,870 	$10,980,783 	75.25
Western Ill. 	Summit 	$12,973,264 	$13,348,658 	$ 9,340,593 	72.00
Did you include student fees in your total subsidy number?
__________________
"I think they're very good," Farley said of the preseason top 25 Hawkeyes. "But so are we."
ubuntuCAT is offline   Reply With Quote
Old 04-18-2016, 11:57 AM   #6
ubuntuCAT
Senior Member
 
ubuntuCAT's Avatar
 
Last Online: Yesterday 07:57 PM
Join Date: Dec 2005
Location: Cedar Falls, IA
Posts: 4,542
Default Re: 2015 Database of Revenue to Expense

Why did UNI's "School funds" go up so drastically in 2015? $6.7M to $8.7M?

Why did "facilities/maintenance go up by 9x in 2015? Did they change accounting for something?
__________________
"I think they're very good," Farley said of the preseason top 25 Hawkeyes. "But so are we."
ubuntuCAT is offline   Reply With Quote
Old 04-18-2016, 12:13 PM   #7
vbfan19
Senior Member
 
Last Online: Today 11:02 AM
Join Date: Oct 2014
Location: Cedar Falls
Posts: 1,420
Default Re: 2015 Database of Revenue to Expense

Quote:
Originally Posted by ubuntuCAT View Post
Did you include student fees in your total subsidy number?
not my numbers, I'm only posting what was in the report. but yes, student fees are part of the subsidy


Quote:
Originally Posted by ubuntuCAT View Post
Why did UNI's "School funds" go up so drastically in 2015? $6.7M to $8.7M?

Why did "facilities/maintenance go up by 9x in 2015? Did they change accounting for something?
the NCAA did change its rules for how things had to be accounted for. more info on that can be found in footnotes on the report pages. Whether that is the reasoning for UNI's increase, I don't know.
vbfan19 is offline   Reply With Quote
Old 04-19-2016, 10:35 PM   #8
Panther100
Banned
 
Last Online: 06-01-2016 05:26 PM
Join Date: Sep 2015
Location: The Big Apple/Iowa
Posts: 1,571
Default Re: 2015 Database of Revenue to Expense

Quote:
Originally Posted by ubuntuCAT View Post
Why did UNI's "School funds" go up so drastically in 2015? $6.7M to $8.7M?

Why did "facilities/maintenance go up by 9x in 2015? Did they change accounting for something?
Revenue is considered earned when the institution has met its obligation to be entitled to the benefits derived from the revenue. I think that lara.wvu.edu/policies/revenue-recognition-policy does a good job of explaining it. Governmental Accounting Standards Board 35 (GASB 35) helps to understand accounting for universities as well.
Panther100 is offline   Reply With Quote
Old 04-21-2016, 12:46 AM   #9
Kyle
Member
 
Kyle's Avatar
 
Last Online: Yesterday 09:45 AM
Join Date: Nov 2005
Posts: 4,123
Default Re: 2015 Database of Revenue to Expense

Is the athletic department still forced to pay full out of state tuition for schollys?

I know Dannen mentioned this was a priority for the department last summer. IIRC he indicated most of our peer schools charge in state tuition for athletic scholllys. This has to have a big affect on our expenses.
__________________
Quote:
Originally Posted by TH1974
This guy was all-UNI, and wanted to show it by pretending to play a non-existant musical instrument in public.
Kyle is offline   Reply With Quote
Old 04-21-2016, 07:52 AM   #10
BCPanther
PN Crusader
 
BCPanther's Avatar
 
Last Online: Today 10:47 AM
Join Date: Sep 2005
Posts: 9,338
Default Re: 2015 Database of Revenue to Expense

Quote:
Originally Posted by Kyle View Post
Is the athletic department still forced to pay full out of state tuition for schollys?

I know Dannen mentioned this was a priority for the department last summer. IIRC he indicated most of our peer schools charge in state tuition for athletic scholllys. This has to have a big affect on our expenses.
Yes, the AD is still paying full out of state, and in some cases *coughWomensTenniscough* full international tuition. Its ridiculous and makes the financial situation look worse than it really is.
__________________
UNI: Basketball School
BCPanther is offline   Reply With Quote
Old 04-21-2016, 08:39 AM   #11
ubuntuCAT
Senior Member
 
ubuntuCAT's Avatar
 
Last Online: Yesterday 07:57 PM
Join Date: Dec 2005
Location: Cedar Falls, IA
Posts: 4,542
Default Re: 2015 Database of Revenue to Expense

Quote:
Originally Posted by BCPanther View Post
Yes, the AD is still paying full out of state, and in some cases *coughWomensTenniscough* full international tuition. Its ridiculous and makes the financial situation look worse than it really is.
Well in a way I think it's ridiculous that some schools arbitrarily choose a different price for Athletes (if true).

It makes about as much sense as it would making the tuition price for athletes zero dollars.
__________________
"I think they're very good," Farley said of the preseason top 25 Hawkeyes. "But so are we."
ubuntuCAT is offline   Reply With Quote
Old 04-21-2016, 11:44 AM   #12
vbfan19
Senior Member
 
Last Online: Today 11:02 AM
Join Date: Oct 2014
Location: Cedar Falls
Posts: 1,420
Default Re: 2015 Database of Revenue to Expense

is international tuition higher than out-of-state tuition?
vbfan19 is offline   Reply With Quote
Old 04-21-2016, 11:46 AM   #13
claw
Senior Member
 
Last Online: Today 10:54 AM
Join Date: Jan 2013
Location: Quad Cities/Cedar Rapids
Posts: 1,246
Default Re: 2015 Database of Revenue to Expense

https://www.uni.edu/tuition/
claw is offline   Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 11:45 AM.


© Copyright 2004-2016 Panther Nation.  All rights reserved.
PantherNation.com is not affiliated with the University Of Northern Iowa or the UNI Panthers.