UGA NCAA Financial Report

ATHENS – The University of Georgia Athletic Association has submitted its 2020-21 NCAA Membership Financial Report, as required by the NCAA. The report details Athletic Association revenues and expenses for fiscal year 2021 (June 2020 through July 2021) as defined by the NCAA. The UGAAA routinely publishes these reports on georgiadogs.com and updated information is now available.

"As we indicate every year, the NCAA Membership Financial Report is straightforward, but distinctly defines revenues to include non-operating funds related to capital projects and interest income from investments but excludes operating departmental contributions to the University and non-operating current capital project expenditures," said Josh Brooks, J. Reid Parker Director of Athletics. "Therefore, the balance shown does not reflect the full financial picture."

To put this in perspective, per the NCAA Membership Financial Reporting System and for the 2021 reporting year, UGAA reported $169,064,656 in operating revenue and $122,722,893 in operating expenses, leaving a difference of $46,341,763. Of this amount, $15.9M represents interest income from investments and $17M represents funds related to capital projects, neither of which is included in our operating budget, and $4.6M represents UGAA's contribution to the University of Georgia, which is part of our operating budget. Of the remainder, $3.1M was committed to deferred facility maintenance and equipment and $5.7M was contributed to Reserves.

"UGAA made significant adjustments to operations during FY2021 because of the COVID-19 pandemic," Brooks said. "However, because of the commitment of our fans and donors, and the support from our coaches, staff, student-athletes, and the Southeastern Conference, UGAA was able to finish the year strong. We will continue to be fiscally prudent as we move forward in the post-pandemic collegiate athletics landscape."

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