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re: What’s it like to be an opposing fan knowing LSU is elite in the majority of major sports
Posted on 6/23/23 at 7:20 am to Animal
Posted on 6/23/23 at 7:20 am to Animal
quote:
I remember discussions that you could not support your athletic programs.
Our athletic programs make the university tons of money
1
Posted on 6/24/23 at 12:46 pm to Topwater Trout
ATHLETICS
STATEMENT OF NET ASSETS
AS OF JUNE 30, 2022
Assets:
Cash and investments $ 12,539,110
Accounts receivable 16,143,196
Deferred charges and prepaid expenses 993,671
Total assets 29,675,977
Liabilities:
Accounts payable 3,331,764
Deferred revenue 58,100,721
Total liabilities 61,432,485
Net assets $ (31,756,508)
ANALYSIS OF CHANGES IN FUND BALANCES
FOR THE YEAR ENDED JUNE 30, 2022
Fund balances:
Operating fund balance -
Balance at July 1 $ (34,955,212)
Revenues over/(under) expenditures 1,943,721
Net transfers to plant fund -
Net transfers to unrestricted fund -
Net transfers to restricted fund -
Total operating fund balance (33,011,491)
Equipment renewals and replacements -
Balance at July 1 1,196,083
Depreciation charges transferred 625,702
Equipment purchases (566,802)
Total equipment renewals and replacements 1,254,983
Total fund balances $ (31,756,508)
Post-season activity -
Football 1,568,670 295,460 105,207 1,355,516 - - - 1,756,183 (187,513)
Basketball - Men's 53,812 - (31,717) 246,542 - - - 214,825 (161,013)
Basketball - Women's 187,460 9,885 (61,385) 357,101 - - - 305,601 (118,141)
Baseball 36,575 - - 203,780 - - - 203,780 (167,205)
Softball 14,970 - - 205,987 - - - 205,987 (191,017)
Golf - Men's - - - 34,800 - - - 34,800 (34,800)
Golf - Women's 7,152 - - 78,506 - - - 78,506 (71,354)
Gymnastics - Women's 2,126 - (7,882) 165,209 - - - 157,327 (155,201)
Soccer - Women's 8,400 - - 81,715 - - - 81,715 (73,315)
Swimming 6,000 - (29,927) 294,962 - - - 265,035 (259,035)
Tennis - Men's - - - 37,146 - - - 37,146 (37,146)
Tennis - Women's 100 - - 24,262 - - - 24,262 (24,162)
Track & field 45,530 - - 672,034 - - - 672,034 (626,504)
Beach Volleyball - Women's 21,750 - - 111,526 - - - 111,526 (89,776)
Volleyball - Women's - - - - - - - - -
Total post-season activity 1,952,545 305,345 (25,704) 3,869,086 - - - 4,148,727 (2,196,182)
Total nonrecurring items 1,952,545 305,345 (25,704) 3,869,086 - - - 4,148,727 (2,196,182)
Total $ 170,951,911 $ 59,100,756 $ 13,551,202 $ 71,723,589 $ 9,634,676 $ 14,399,067 $ 598,900 $ 169,008,190 $ 1,943,721
STATEMENT OF NET ASSETS
AS OF JUNE 30, 2022
Assets:
Cash and investments $ 12,539,110
Accounts receivable 16,143,196
Deferred charges and prepaid expenses 993,671
Total assets 29,675,977
Liabilities:
Accounts payable 3,331,764
Deferred revenue 58,100,721
Total liabilities 61,432,485
Net assets $ (31,756,508)
ANALYSIS OF CHANGES IN FUND BALANCES
FOR THE YEAR ENDED JUNE 30, 2022
Fund balances:
Operating fund balance -
Balance at July 1 $ (34,955,212)
Revenues over/(under) expenditures 1,943,721
Net transfers to plant fund -
Net transfers to unrestricted fund -
Net transfers to restricted fund -
Total operating fund balance (33,011,491)
Equipment renewals and replacements -
Balance at July 1 1,196,083
Depreciation charges transferred 625,702
Equipment purchases (566,802)
Total equipment renewals and replacements 1,254,983
Total fund balances $ (31,756,508)
Post-season activity -
Football 1,568,670 295,460 105,207 1,355,516 - - - 1,756,183 (187,513)
Basketball - Men's 53,812 - (31,717) 246,542 - - - 214,825 (161,013)
Basketball - Women's 187,460 9,885 (61,385) 357,101 - - - 305,601 (118,141)
Baseball 36,575 - - 203,780 - - - 203,780 (167,205)
Softball 14,970 - - 205,987 - - - 205,987 (191,017)
Golf - Men's - - - 34,800 - - - 34,800 (34,800)
Golf - Women's 7,152 - - 78,506 - - - 78,506 (71,354)
Gymnastics - Women's 2,126 - (7,882) 165,209 - - - 157,327 (155,201)
Soccer - Women's 8,400 - - 81,715 - - - 81,715 (73,315)
Swimming 6,000 - (29,927) 294,962 - - - 265,035 (259,035)
Tennis - Men's - - - 37,146 - - - 37,146 (37,146)
Tennis - Women's 100 - - 24,262 - - - 24,262 (24,162)
Track & field 45,530 - - 672,034 - - - 672,034 (626,504)
Beach Volleyball - Women's 21,750 - - 111,526 - - - 111,526 (89,776)
Volleyball - Women's - - - - - - - - -
Total post-season activity 1,952,545 305,345 (25,704) 3,869,086 - - - 4,148,727 (2,196,182)
Total nonrecurring items 1,952,545 305,345 (25,704) 3,869,086 - - - 4,148,727 (2,196,182)
Total $ 170,951,911 $ 59,100,756 $ 13,551,202 $ 71,723,589 $ 9,634,676 $ 14,399,067 $ 598,900 $ 169,008,190 $ 1,943,721
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