Annual report 2012 13

Page 17

Budget Division I-level coaching, staffing, scholarships, services and travel requires a significant investment. USD athletics is committed to being careful stewards of the funds received from fans, corporate sponsors and donors. The support received from the State of South Dakota and from the University is important to our continued success and integral to our future growth.

USD Total Athletic Expenses FY13 = $10,291,562 OTHER OPERATING EXPENSES $3,554,604

Women’s Scholarships 1

Other Operating Expenses Include: Travel, Team Apparel, Supplies and Camps

USD Total Athletic Income FY13 = $10,295,318 UNIVERSITY SUPPORT $4,206,325

EXTERNAL REVENUE $4,738,425 External Revenue Includes: Ticket Sales, Guarantees, Fundraising, Donations and Camps

2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 Basketball

13

15

15

15

15

15

2

Golf

3

3

4

5

6

6

3

Soccer

10

10

12

12

14

14

Softball

8

8

12

12

12

12

SALARIES AND BENEFITS $3,587.236

SCHOLARSHIPS $3,149,722

STUDENT SUPPORT $1,350,568

The commitment to Division I required an upgrade in our scholarship offerings throughout our 17 sports. USD put together a plan to increase the annual scholarship offerings from 105 to 186 while maintaining Title IX compliance. This increase in scholarship offerings has created the need to generate significantly more revenue. Two areas were identified to be the vehicles to assist in financially funding the increased scholarship offerings – the annual fund and major gifts. The Howling Pack serves as the annual fund and Great Expectations serves as the major gift component of the equation. The Great Expectations scholarship campaign is designed to fill the immediate needs of Division I until our annual fundraising, The Howling Pack, matures to fund the increased expenses of Division I.

Swimming

6.5

6.5

9.5

10.5

14

14

Tennis

3

3

5.5

6.5

8

8

Track & Field

14

14

18

18

18

18

Volleyball

10

10

12

12

12

12

Women’s Total

67.5

69.5

88

91

99

99

Men’s Scholarships 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14

1

Basketball

13

13

13

13

13

13

2

Football

54

60

63

63

63

63

Swimming

1

1

1

1

1

1

3

Track & Field

3

3

4

8

8

10

Men’s Golf

0

0

0

0

0.5

0.5

Men’s Total

71

77

81

85

85.5

87.5

Grand Total

138.5

146.5

169

176

184.5

186.5

2012-13 ANNUAL REPORT

15


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.