Mayo GAA recorded a surplus of almost €500,099 for its 2025 financial year.
County board officials say this is due to strong growth in gate receipts and match-day income as well as higher commercial revenues last year.
Up to the end of September 2025, Mayo GAA generated a record level of income, which stood at €4.2 million.
This was up 11% on the previous year.
The increase was driven by a 21% increase in gate receipts and match-day income to €773,280 for 2025, and a 30 percent increase in commercial revenues such as sponsorship and TV rights to just under €1.2 million.
The Mayo board has been engaging with the Revenue Commissioners following a revenue intervention regarding tax liabilities for the years 2018 and 2019.
Mayo GAA has also engaged in a self-review process for the five year period between 2020-2024.
Overall, Mayo GAA’s total tax liability disclosed to the Revenue Commissioners for all seven years (2018-2024) amounted to approximately €350,000.
The board state that the bulk of which (circa 70%) is related to outstanding tax liabilities arising from issues identified in the review of the financial years 2018 and 2019.
Mayo GAA’s tax liability for the 5-year self-review period for 2020-2024 amounted to €113,000 and is broadly in line with the voluntary disclosures announced by other county boards this year.
“In addition to the tax liability arising from the Cúl Camps programme, Mayo GAA have also encountered tax liabilities related to management team expenses, coaching staff expenses, player nutrition, player equipment and referee expenses,” a board statement said,
Meanwhile, team administration expenses accounted for the largest share of Mayo’s annual expenditure, standing at €1.35 million for 2025.
Overall, the double-digit increase in annual revenues in 2025 allowed Mayo GAA to record an annual surplus of €453,459, a sixfold increase on the previous year.
“At year-end September 2025, Mayo GAA had net assets of more than €5.3 million on its balance sheet, which includes cash in the bank of more than €3.1 million,” the statement continued.
The county board has also decided to create a new full-time chief executive position and has begun the process to fulfil that appointment.