International Olympic Committee
- Assets
- $4.4b
- Revenue
- $4.1b
- Investments
- $0.0
- Employees
- 493
- Location
- Founding
- 03/1992
- Data as of
- 12/2021
- EIN
- 98-0123241
Organization Overview
International Olympic Committee is located in null. The organization was established in 1992. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, International Olympic Committee employed 493 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Olympic Committee is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, International Olympic Committee generated $4.1b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 64.6% each year . All expenses for the organization totaled $3.2b during the year ending 12/2021. While expenses have increased by 32.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE OLYMPISM THROUGHOUT THE WORLD AND LEAD THE OLYMPIC MOVEMENT IN ACCORDANCE WITH THE OLYMPIC CHARTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OLYMPIC GAMES REVENUE DISTRIBUTION: IN 2021, THROUGH THE DISTRIBUTION OF OLYMPIC GAMES REVENUES, THE IOC PROVIDED DIRECT FINANCIAL SUPPORT TO VARIOUS INTERNATIONAL SPORTS FEDERATIONS AND THE NATIONAL OLYMPIC COMMITTEES (INCLUDING A SIGNIFICANT DISTRIBUTION OF $182,281,013 TO THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE).
OLYMPIC MARKETING PROGRAMME TOP REVENUE DISTRIBUTION: IN 2021, THE TOP REVENUE DISTRIBUTION GAVE VALUABLE SUPPORT TO THE TOKYO 2020 ORGANISING COMMITTEE, THE BEIJING 2022 ORGANISING COMMITTEE, THE PARIS 2024 ORGANISING COMMITTEE AND THE NATIONAL OLYMPIC COMMITTEES (INCLUDING THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE).
OLYMPIC SOLIDARITY PROGRAMME: OLYMPIC SOLIDARITY PROGRAMME IS RESPONSIBLE FOR ADMINISTERING AND MANAGING THE SHARE OF THE OLYMPIC BROADCSATING RIGHTS FOR ALL RECOGNISED NATIONAL OLYMPIC COMMITTEES (NOCS) BY THE IOC. OLYMPIC SOLIDARITY REDISTRIBUTES THESE FUNDS THROUGH DIVERSE PROGRAMMES ACCORDING TO THE NEEDS OF THE NOCS AND CONTINENTAL ASSOCIATIONS. THESE INCLUDE: - WORLD PROGRAMMES, PRIORITISING ATHLETES, COACHES, NOC MANAGEMENT AND THE PROMOTION OF THE THE OLYMPIC VALUES; - CONTINENTAL PROGRAMMES, MEETING THE SPECIFIC NEEDS OF EACH CONTINENT; - IOC SUBSIDIES FOR PARTICIPATION IN OLYMPIC GAMES, OFFERING FINANCIAL SUPPORT TO NOCS BEFORE, DURING AND AFTER THE GAMES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christophe DE Kepper Director General | Officer | 41 | $1,252,203 |
Lana Haddad Chief Operating Officer | Officer | 41 | $794,810 |
Pere Mir Deputy Director General Rom | Officer | 41 | $633,001 |
Kit Mcconnell Sports Director | Officer | 41 | $600,898 |
Christophe Dubi Olympic Games Exec. Director | Officer | 41 | $576,628 |
James Macleod Noc And Os Director | Officer | 41 | $499,232 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Essence Global Limited Consulting | 12/30/21 | $28,092,536 |
Bird Bird Llp Legal Marketing | 12/30/21 | $16,047,914 |
Deloitte Consulting Llp Consulting | 12/30/21 | $12,886,146 |
D Team Sa Construction | 12/30/21 | $11,155,573 |
The Iluka Collective Limited Hospitality | 12/30/21 | $10,269,446 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,000 |
| Total Program Service Revenue | $3,942,985,413 |
| Investment income | $50,207,390 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,642,733 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,058,965,525 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $299,492,489 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,905,516,013 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $10,092,324 |
| Compensation of current officers, directors, key employees. | $5,773,395 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,728,806 |
| Pension plan accruals and contributions | $6,954,784 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,391,481 |
| Fees for services: Other | $17,352,191 |
| Advertising and promotion | $1,540,481 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,563,016 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,758,309 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,774,666 |
| Insurance | $0 |
| All other expenses | $19,123,234 |
| Total functional expenses | $3,202,148,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,918,395 |
| Savings and temporary cash investments | $2,513,634,540 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $973,735,399 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $362,426,088 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $158,510,899 |
| Net Land, buildings, and equipment | $172,042,551 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $28,237,176 |
| Intangible assets | $0 |
| Other assets | $511,879 |
| Total assets | $4,390,016,927 |
| Accounts payable and accrued expenses | $560,185,659 |
| Grants payable | $0 |
| Deferred revenue | $1,350,309,518 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $133,813,359 |
| Other liabilities | $0 |
| Total liabilities | $2,044,308,536 |
| Net assets without donor restrictions | $1,850,954,248 |
| Net assets with donor restrictions | $494,754,143 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,390,016,927 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mcmaster University Ontario | $2,782,562,539 | $954,591,107 |
Independent Order Of Foresters | $6,129,337,660 | $713,057,039 |
Hebrew University Association Jerusalem Palestine | $3,248,315,000 | $946,360,171 |
University Of Saskatchewan | $2,207,784,972 | $816,404,692 |
Queens University At Kingston Department Of Financial Services | $2,643,962,738 | $804,073,117 |
Tel Aviv University | $2,569,449,000 | $866,534,000 |
National Trust For Places Of Historic Interest Or Natural Beaut | $2,598,966,000 | $820,524,000 |
University Of Manitoba | $2,384,369,000 | $788,244,000 |
Simon Fraser University | $2,219,643,595 | $690,303,634 |
Dalhousie University | $2,012,270,000 | $654,417,000 |
Universite De Sherbrooke | $840,417,269 | $587,133,569 |
University Of Victoria | $1,491,562,584 | $512,310,368 |