1/14/2015 NCAA Membership Financial Reporting System

https://web1.ncaa.org/frs/review/report 62/63

Statement of Revenues and Expenses

Statement of Revenues and ExpensesFor the year ended June 30, 2014 (UNAUDITED)

Reporting Institution: University of Minnesota, Twin CitiesReporting Year (FY): 2014

ID

Re ve nue s

1 Ticket Sales. $14,024,130 $5,604,895 $242,767 $7,477,875 $1,145,945 $28,495,612

2 Student Fees $0 $0 $0 $0 $0 $0

3 Guarantees. $250,000 $40,120 $0 $34,450 $0 $324,570

4 Contributions. $1,586,205 $753,958 $87,315 $1,986,611 $5,918,198 $10,332,287

5 Compensation and Benefits Provided by a Third Party. $0 $0 $0 $0 $0 $0

6 Direct State or Other Government Support. $0 $0 $0 $0 $0 $0

7 Direct Institutional Support. $0 $0 $0 $0 $1,542,547 $1,542,547

8 Indirect Facilities and Administrative Support. $0 $0 $0 $0 $5,468,519 $5,468,519

9 NCAA/Conference Distributions including all tournamentrevenues.

$21,242,809 $6,370,645 $0 $0 $998,358 $28,611,812

10 Broadcast, Television, Radio, and Internet Rights. $0 $0 $0 $0 $0 $0

11 Program Sales, Concessions, Novelty Sales, and Parking. $0 $0 $0 $0 $2,437,910 $2,437,910

12 Royalties, Licensing, Advertisements and Sponsorships. $0 $0 $0 $0 $10,098,211 $10,098,211

13 Sports Camp Revenues. $0 $0 $0 $0 $0 $0

14 Endowment and Investment Income. $2,397,701 $375,292 $317,356 $5,687,298 $33,611 $8,811,258

15 Other Operating Revenue. $319,981 $0 $0 $26,424 $9,707,025 $10,053,430

16 Total Operating Revenue. $39,820,826 $13,144,910 $647,438 $15,212,658 $37,350,324 $106,176,156

Expe nse s

17 Athletic Student Aid. $2,397,701 $375,292 $280,056 $5,687,298 $1,897,760 $10,638,107

18 Guarantees. $4,279,293 $1,314,000 $80,000 $1,245,586 $459,563 $7,378,442

19 Coaching Salaries, Benefits, and Bonuses Paid by theUniversity and Related Entities.

$4,414,537 $2,225,259 $841,742 $4,655,638 $0 $12,137,176

20 Coaching Other Compensation and Benefits Paid by aThird Party.

$0 $0 $0 $0 $0 $0

21 Support Staff/Administrative Salaries, Benefits andBonuses Paid by the University and Related Entities.

$1,462,153 $200,650 $119,660 $630,710 $9,599,637 $12,012,810

22 Support Staff/Administrative Other Compensation andBenefits Paid by a Third Party.

$0 $0 $0 $0 $0 $0

23 Severance Payments. $0 $2,677,470 $524,722 $59,111 $45,180 $3,306,483

24 Recruiting. $555,755 $359,056 $118,325 $592,512 $0 $1,625,648

Item FootballMen's

BasketballWomen'sBasketball

OtherSports

NonLProgramSpecific Total

1/14/2015 NCAA Membership Financial Reporting System

https://web1.ncaa.org/frs/review/report 63/63

25 Team Travel $3,414,850 $1,102,522 $548,611 $3,828,135 $1,051,836 $9,945,954

26 Equipment, Uniforms and Supplies. $1,077,068 $227,168 $177,928 $1,446,821 $0 $2,928,985

27 Game Expenses. $1,914,056 $463,412 $246,052 $1,503,573 $451,653 $4,578,746

28 Fund Raising, Marketing and Promotion. $0 $0 $0 $0 $1,768,677 $1,768,677

29 Sports Camp Expenses. $0 $0 $0 $0 $0 $0

30 Direct Facilities, Maintenance, and Rental. $5,637,886 $764,204 $496,546 $4,172,798 $5,174,355 $16,245,789

31 Spirit Groups $0 $0 $0 $0 $619,737 $619,737

32 Indirect Facilities and Administrative Support. $0 $0 $0 $0 $5,468,519 $5,468,519

33 Medical Expenses and Medical Insurance $0 $0 $0 $0 $905,093 $905,093

34 Memberships and Dues. $0 $0 $0 $0 $146,184 $146,184

35 Other Operating Expenses. $2,603,354 $1,308,344 $531,458 $2,665,238 $9,361,412 $16,469,806

36 Total Operating Expenses. $27,756,653 $11,017,377 $3,965,100 $26,487,420 $36,949,606 $106,176,156

37 Transfers to Institution $0 $0 $0 $0 $0 $0

38 Total Expenses $27,756,653 $11,017,377 $3,965,100 $26,487,420 $36,949,606 $106,176,156

Excess (Deficiencies) of Revenues Over (Under)Expenses

$12,064,173 $2,127,533 L$3,317,662

L$11,274,762

$400,718 $0