USA Swimming Remains Financially Strong Amid Leadership Shifts


Sports News
USA Swimming Remains Financially Strong Amid Leadership Shifts

Over the past year, USA Swimming has achieved milestones: hosting groundbreaking Olympic trials at an NFL stadium and winning 28 medals at the 2024 Paris Olympics. Yet, it has also seen leadership changes—with its long-serving CEO, a potential new CEO, and COO all stepping down.

 

Despite these shifts, the organization remains among America’s most successful and financially stable national sports governing bodies. Its 2024 financial reports—including audited statements and summaries—reveal robust resources, even without a pro tour, league, or widespread TV coverage (limited to its own USA Swimming Network and NBC’s Peacock).

 

Key 2024 financial figures:

 

  • Revenue: $51.06 million
  • Expenditure: $46.23 million
  • Annual surplus: $4.82 million
  • Total assets: $74.6 million
  • Net assets/reserves: $50.5 million

 

Membership fees drive this stability. In 2024, membership revenue reached $24.31 million, up from $23.4 million in 2023. The association reported 376,479 individual members and 2,798 club members last year.

 

These numbers underscore USA Swimming’s resilience. Even without the commercial infrastructure of major sports, its focus on membership has built a solid financial foundation—supporting both competitive success and long-term sustainability.

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