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.
Latest Stories
Economic News1 minute readBritain’s construction sector showed mixed signals in June, with the Purchasing Managers’ Index (PMI) edging up to 48.8—its highest level in six months—yet still lingering below the 50 threshold that separates expansion from contraction. A stark divide emerged within the industry:
Economic News1 minute readAustralia’s benchmark S&P/ASX 200 inched up 0.02% to 8,590.7 on Tuesday, oscillating narrowly after the Reserve Bank’s surprise decision to hold rates steady triggered intraday dips. The index briefly turned negative in early trading but recovered modestly by close.
Social News1 minute readIn the Arabian Peninsula, where six out of seven nations boast a per capita gross national product exceeding $20,000—with Qatar soaring to $80,000—Yemen stands as a tragic outlier. By 2024, its per capita GDP plummeted to a meager $486. What led to such a vast economic chasm within the same region? The answer lies in Yemen's complex and troubled present.
Social News2 minute readMexican New Year celebrations blend vibrant symbolism with culinary heritage, creating a sensory experience of color, flavor, and renewal. Homes across the country transform into kaleidoscopic spaces, each hue carrying intentional meaning: red for love, yellow for career prosperity, and green for financial abundance. This decorative ritual, rooted in indigenous and Spanish traditions, turns living spaces into visual prayers for the year ahead.
Social News1 minute readIn the run-up to Christmas 1995, a Swedish woman lost her wedding ring while cooking. Despite searching everywhere, she couldn’t find it. Sixteen years later, in 2012, she pulled a carrot from her garden and discovered the ring stuck on it.
Industry News1 minute readReuters, citing sources and documents, reports that dozens of global health and water supply infrastructure projects have been halted after the U.S. terminated related aid. The news agency verified 21 stalled projects across 16 countries.
Life News1 minute readGENEVA, July 16 (Xinhua) -- Amid the lush pastures of the Alpine foothills, Switzerland's time-honored pastoral tradition has nurtured a world-renowned cheese culture, with Fondue standing as its most iconic treasure. This beloved dish, which perfectly blends melted cheese with bread, is not only a staple on Swiss tables but also carries the memory of unity in this multi-ethnic nation.