Eastern Washington University is committed to compliance with requirements set forth in RCW 28B.15.120 regarding budgeting and financial reporting for intercollegiate athletics. The statute requires the Eastern Washington Board of Trustees specifically approve, in an open public meeting, (1) the annual budget for the Athletics program; (2) the plan for reducing the Athletics operating deficit in future fiscal years; and (3) any transfers necessary at fiscal year-end to cover a deficit balance. In addition, the statute requires the University to conspicuously post to the University’s website the financial statements of the Athletic program for the three prior fiscal years, as well as the plan for reducing the Athletics operating deficit in future fiscal years. This information is presented below.
Athletics Operating Results FY17-FY22
Revenues Expand| Revenues | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 |
| Tickets Sales | 816,157 | 685,172 | 683,425 | 833,915 | 4,806 | 1,247,729 |
| Direct State/Gov’t Support | – | – | – | – | – | – |
| Student Fees | 2,256,000 | 2,075,000 | 2,225,000 | 2,175,000 | 1,700,000 | 1,650,000 |
| Direct Institutional Support | 6,503,122 | 6,661,822 | 9,786,521 | 9,264,271 | 9,088,883 | 5,808,903 |
| Less – Transfers to Inst. | – | – | – | – | – | – |
| Indirect Inst. Support | 994,250 | 1,106,980 | 1,496,808 | 1,431,816 | 1,416,349 | 1,535,783 |
| Debt Service, Lease, Rentals | – | – | – | – | – | – |
| Guarantees | 730,500 | 1,003,000 | 747,000 | 972,600 | 102,000 | 733,175 |
| Contributions | 719,126 | 660,298 | 815,441 | 549,462 | 559,046 | 576,937 |
| In-Kind | 13,750 | 18,724 | 10,837 | 19,168 | – | 9,336 |
| 3rd Party Comp/Benefits | – | – | – | – | – | – |
| Media Rights | 45,850 | 18,500 | 30,067 | 41,988 | 195,546 | – |
| NCAA Distributions | 1,567,874 | 535,891 | 1,444,627 | 361,804 | 387,316 | 751,533 |
| Conference Distributions | – | – | – | – | – | 28,693 |
| Programs/Parking/Concessions | 2,882 | 20,114 | 38,451 | 58,500 | 3,500 | 108,748 |
| Royalties/Sponsorships | 125,962 | 229,949 | 237,035 | 536,294 | 220,777 | 229,986 |
| Sports Camps | 913,816 | 747,218 | 891,116 | 149,826 | 31,841 | 149,424 |
| Endowments | – | – | – | – | – | – |
| Other Revenue | 108,051 | 48,144 | 3,438 | 905 | (396) | 56,093 |
| Bowl Revenues | – | – | – | – | – | – |
| Total Revenue | 14,797,340 | 13,810,812 | 18,409,766 | 16,395,549 | 13,709,668 | 12,886,340 |
Expenses Expand
| Expenses | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 |
| Athletic Student Aid | 4,151,635 | 4,166,339 | 4,281,298 | 4,188,947 | 4,118,309 | 4,165,570 |
| Guarantees | 45,338 | 90,195 | 147,442 | 82,537 | 2,800 | 102,500 |
| Coaching Sal/Benefits | 2,947,761 | 2,728,744 | 2,919,965 | 2,998,633 | 3,138,606 | 3,386,736 |
| Coaching Sal/Benefits – 3rd Party | – | – | – | – | – | – |
| Admin Sal/Benefits | 2,227,345 | 2,501,110 | 2,689,469 | 2,436,428 | 1,481,945 | 1,685,931 |
| Admin Sal/Benefits – 3rd Party | – | – | – | – | – | – |
| Severance | 10,397 | 43,202 | – | 13,133 | 56,511 | 23,307 |
| Recruiting | 195,479 | 220,040 | 253,392 | 153,612 | 15,087 | 240,433 |
| Team Travel | 1,965,698 | 2,212,460 | 2,469,619 | 2,061,526 | 1,333,377 | 2,439,480 |
| Equipment/Supplies | 841,385 | 803,648 | 1,189,274 | 796,112 | 604,926 | 671,771 |
| Game Expenses | 893,280 | 527,120 | 1,118,664 | 507,906 | 221,118 | 368,172 |
| Fund Raising/Marketing | 69,611 | 46,077 | 53,960 | 70,652 | 14,983 | 218,668 |
| Sports Camps | 586,782 | 514,124 | 575,377 | 77,626 | 9,384 | 74,539 |
| Spirit Groups | 5,451 | – | 9,731 | 18,491 | – | 8,064 |
| Athletics Facilities Debt Service | – | – | – | – | – | – |
| Direct Overhead | 153,024 | 172,179 | 191,789 | 152,112 | 121,748 | 114,117 |
| Indirect Institutional Support | 994,250 | 1,106,980 | 1,496,808 | 1,431,816 | 1,416,349 | 1,535,783 |
| Medical/Insurance | 348,126 | 406,453 | 528,566 | 458,264 | 858,483 | 105,415 |
| Memberships/Dues | 57,089 | 50,744 | 63,933 | 77,882 | 17,106 | 351,351 |
| Meals (non-travel) | – | – | – | – | – | – |
| Other Expenses | 261,168 | 251,619 | 354,524 | 436,316 | 386,624 | 540,452 |
| Bowl Expenses | – | – | – | – | – | – |
| Athletic Capital Expenditures | 11,946 | 486,388 | – | 275,968 | 939,521 | – |
| Total Expenses | 15,765,765 | 16,327,422 | 18,343,811 | 16,237,961 | 14,736,877 | 16,032,289 |
| Net Income | (968,425) | (2,516,610) | 65,955 | 157,588 | (1,027,209) | (3,145,949) |
| Accumulated Deficit | (3,039,417) | (5,556,027) | (5,490,072) |
