NOVEMBER 17, 2025 – INDIANAPOLIS – USA Track & Field (USATF), the national governing body of United States track and field, announced 2024 audited revenue of $44,592,809, the largest in the organization’s history and an increase of nearly $8 million from 2023. recovery from the financial effects of the COVID-19 pandemic, which has plagued all event-based organizations in 2020 and 2021.
2024 also marks the final year of USATF’s investment in the 2022 World Athletics Championships. The commitment to the US Championship event in Eugene, Oregon is the largest expense in the 2024 report at more than $10 million. The USATF paid $8 million in World Championship-related expenses in 2023.
In 2024, USATF also increased its investment in sports presentation by an additional $2 million, for a total of $10.5 million, and its investment in elite athlete competition by more than $800,000, for a total of $15 million. As a result, the United States dominated the track and field medal count at the 2024 Paris Games with 34 medals, 14 of them gold. The trajectory continued at the 2025 World Athletics Championships in Tokyo, where Team USATF won 16 more gold medals; championship record. USATF continues to build reserves that will allow for increased investment in performance.
“With a hundredth of a second separating the gold medal and fourth place, every dollar USA Track and Field invests in performance brings us closer to the podium,” said USATF Executive Director Max Siegel. “As we approach LA 2028, USA Track is committed to a strategy that ensures American athletes have the funding and resources they need to continue to be the best in the world.”
While expenses exceeded revenue in 2024, the gap has narrowed by nearly $4.5 million since 2023. This was achieved through significant sponsorship diversification, increased membership fees, programming and event revenues, and a doubling of merchandise sales year-over-year, all of which were positively impacted by increased insurance costs, unplanned uniforms and increased payouts. USATF remains fiscally strong and expects an operating surplus in 2025.
As a 501(c)3 non-profit organization, USATF meets all auditing and reporting standards. The 2024 audit was conducted by an independent, nationally recognized firm and reviewed by the Audit Committee of the Board of Directors. With a commitment to transparency in governance and financial management, 2024 990 and audit can be found on the USATF website.
Editor’s Note: This is USA Track & Field’s release on our federation’s finances. USA Track and Field is still dealing with the cost of hosting the 2022 World Athletics Championships in Eugene, Oregon. The financial pressure on the federation cannot be underestimated, as well as the improvements in the US travel financial situation.
