INTERNATIONAL OLYMPIC COMMITTEE: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- INTERNATIONAL OLYMPIC COMMITTEE (EIN 98-0123241)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-16
- IRS object ID
- 202213209349302106
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-16T09:59:29-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N Wacker Drive | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 980123241 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | International Olympic Committee | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % EMRE KURTOGLU | InCareOfNm |
| Business Name Control | INTE | BusinessNameControlTxt |
| Phone | 1111111111 | PhoneNum |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 351 1007 | AddressLine1Txt |
| Province Or State | 1007, Lausanne | ProvinceOrStateNm |
| Country | SZ | CountryCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHE DE KEPPER | PersonNm |
| Person Title | DIRECTOR GENERAL | PersonTitleTxt |
| Phone | 1216216111 | PhoneNum |
| Signature | 2022-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHRISTOPHE | PersonFirstNm |
| Person Last | DE KEPPER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN CRAWFORD | PreparerPersonNm |
| PTIN | P01072545 | PTIN |
| Phone | 3128792000 | PhoneNum |
| Preparation | 2022-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHRISTOPHE DE KEPPER | PrincipalOfficerNm |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 351 1007 | AddressLine1Txt |
| Province Or State | 1007, Lausanne | ProvinceOrStateNm |
| Country | SZ | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,061,787,395 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | https://www.olympic.org/the-ioc | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 1894 | FormationYr |
| Legal Domicile Country | SZ | LegalDomicileCountryCd |
| Activity Or Mission | TO PROMOTE OLYMPISM THROUGHOUT THE WORLD AND LEAD THE OLYMPIC MOVEMENT IN ACCORDANCE WITH THE OLYMPIC CHARTER. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 493 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $43,550,000 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $200,001,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $80,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $533,461,101 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,942,985,413 | CYProgramServiceRevenueAmt |
| PY Investment Income | $47,199,920 | PYInvestmentIncomeAmt |
| CY Investment Income | $47,564,657 | CYInvestmentIncomeAmt |
| PY Other Revenue | $87,673,969 | PYOtherRevenueAmt |
| CY Other Revenue | $68,335,455 | CYOtherRevenueAmt |
| PY Total Revenue | $868,335,990 | PYTotalRevenueAmt |
| CY Total Revenue | $4,058,965,525 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $453,158,973 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,205,008,502 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $88,493,984 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $100,775,914 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $247,239,542 | PYOtherExpensesAmt |
| CY Other Expenses | $896,364,240 | CYOtherExpensesAmt |
| PY Total Expenses | $788,892,499 | PYTotalExpensesAmt |
| CY Total Expenses | $3,202,148,656 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $79,443,491 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $856,816,869 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,568,740,079 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,390,016,927 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,048,480,616 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,044,308,536 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,520,259,463 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,345,708,391 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE IOC'S MISSION IS TO PROMOTE OLYMPISM THROUGHOUT THE WORLD BY ENSURING THE REGULAR CELEBRATION OF THE OLYMPIC GAMES AND TO LEAD THE OLYMPIC MOVEMENT (CONTINUED ON SCHEDULE O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,386,792,125 | ExpenseAmt |
| Grant | $1,588,999,269 | GrantAmt |
| Revenue | $3,107,368,341 | RevenueAmt |
| Desc | 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). | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $567,797,761 | ExpenseAmt |
| Grant | $522,861,767 | GrantAmt |
| Revenue | $835,617,072 | RevenueAmt |
| Desc | 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). | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $148,304,346 | ExpenseAmt |
| Grant | $93,147,467 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | 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 | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,102,894,232 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 493 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | SZ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EMRE KURTOGLU | PersonNm |
| Phone | 1111111111 | PhoneNum |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Chteau de Vidy PO Box 351 | AddressLine1Txt |
| Province Or State | 1007, Lausanne | ProvinceOrStateNm |
| Country | SZ | CountryCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| Christophe De Kepper | |||||||||
| Director General | 41.0 | 0.0 | Yes (X) | $1,252,203 | $0 | $174,179 | |||
| Lana Haddad | |||||||||
| Chief Operating Officer | 41.0 | 0.0 | Yes (X) | $794,810 | $0 | $125,279 | |||
| Pere Mir | |||||||||
| Deputy Director General ROM | 41.0 | 0.0 | $633,001 | $0 | $98,406 | Yes (X) | |||
| Christophe Dubi | |||||||||
| Olympic Games Exec. Director | 41.0 | 0.0 | Yes (X) | $576,628 | $0 | $130,241 | |||
| Kit McConnell | |||||||||
| Sports Director | 41.0 | 0.0 | $600,898 | $0 | $98,814 | Yes (X) | |||
| Mark Adams | |||||||||
| Spokesman Services Director | 41.0 | 0.0 | $485,037 | $0 | $98,504 | Yes (X) | |||
| James MacLeod | |||||||||
| NOC and OS Director | 41.0 | 0.0 | $499,232 | $0 | $80,320 | Yes (X) | |||
| Marie Sallois | |||||||||
| Director CoBraS | 41.0 | 0.0 | $480,929 | $0 | $82,577 | Yes (X) | |||
| Pierre Ducrey | |||||||||
| Olympic Games Ops. Director | 41.0 | 0.0 | $484,242 | $0 | $73,207 | Yes (X) | |||
| Christopher Carroll | |||||||||
| Digital Engagement & Marketing | 41.0 | 0.0 | $434,802 | $0 | $107,645 | Yes (X) | |||
| Mariam Mahdavy | |||||||||
| Legal Affairs Director | 41.0 | 0.0 | $452,680 | $0 | $89,143 | Yes (X) | |||
| Emre Kurtoglu | |||||||||
| Chief Financial Officer | 41.0 | 0.0 | Yes (X) | $455,384 | $0 | $84,034 | |||
| Richard Budgett | |||||||||
| Dir. Medical and Scientific | 41.0 | 0.0 | $444,095 | $0 | $85,332 | Yes (X) | |||
| ILARIO CORNA | |||||||||
| CHIEF INFORMATION TECH. OFFICE | 41.0 | 0.0 | $441,007 | $0 | $86,820 | Yes (X) | |||
| Christian Klaue | |||||||||
| Dir. of Corp. Communication | 41.0 | 0.0 | $455,791 | $0 | $69,858 | Yes (X) | |||
| Pquerette Girard-Zappelli | |||||||||
| CHIEF ETHICS & COMPLIANCE OFF. | 41.0 | 0.0 | $434,903 | $0 | $84,277 | Yes (X) | |||
| Panagiotis Tzivanidis | |||||||||
| Dir. Corp. Events & Marketing | 41.0 | 0.0 | $413,463 | $0 | $73,466 | Yes (X) | |||
| Jacqueline Barrett | |||||||||
| Future Olym. Games Hosts Dir. | 41.0 | 0.0 | $396,853 | $0 | $76,564 | Yes (X) | |||
| Xavier Tissires | |||||||||
| Director of Human Resources | 0.0 | 0.0 | Yes (X) | $386,315 | $0 | $72,607 | |||
| Marcus Hecht-Hausen | |||||||||
| Chief of Staff | 41.0 | 0.0 | $373,028 | $0 | $69,658 | Yes (X) | |||
| KAVEH MEHRABI | |||||||||
| DIR. OF ATHLETES DEPT. | 41.0 | 0.0 | $357,394 | $0 | $47,769 | Yes (X) | |||
| Thomas BACH | |||||||||
| IOC President | 41.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Anita L DEFRANTZ | |||||||||
| VP of IOC Executive Board | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| johN Coates | |||||||||
| VP of IOC Executive Board | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Ser Miang Ng | |||||||||
| VP of IOC Executive Board | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Zaiqing Yu | |||||||||
| VP of IOC Executive Board | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Mikaela Jaworski | |||||||||
| IOC Executive Board Member | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Kirsty Coventry | |||||||||
| IOC Executive Board Member | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Nawal El Moutawakel | |||||||||
| IOC Executive Board Member | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Ivo Ferriani | |||||||||
| IOC Executive Board Member | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| HRH PR Bin Al-Hussein Faisal | |||||||||
| IOC Executive Board Member | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Nicole Lucia Maria Hoevertsz | |||||||||
| VP of IOC Executive Board | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Nenad Lalovic | |||||||||
| IOC Executive Board Member | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Robin Everett Mitchell | |||||||||
| IOC Executive Board Member | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Denis Andr Oswald | |||||||||
| IOC Executive Board Member | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Gerardo Werthein | |||||||||
| IOC Executive Board Member | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| EMMA TERHO | |||||||||
| IOC Executive Board Member | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $10,852,695 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,908,700 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 21 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|
| ESSENCE GLOBAL LIMITED | ||||||||||
| 180 OXFORD STREET | LONDON | 0 | UK | W1D 1 NN | CONSULTING | $28,092,536 | ||||
| Bird Bird LLP | ||||||||||
| 12 NEW FETTER LANE | LONDON | 0 | UK | EC4A 1JP | LEGAL MARKETING | $16,047,914 | ||||
| DELOITTE CONSULTING LLP | ||||||||||
| CONSULTING | $12,886,146 | 4022 Sells Drive | HERMITAGE | TN | 37076 | |||||
| D TEAM SA | ||||||||||
| 5 ANG MO KIO INDUSTRIAL PARK 2A | AMK TECH II | 0 | SN | 567760 | CONSTRUCTION | $11,155,573 | ||||
| THE ILUKA COLLECTIVE LIMITED | ||||||||||
| 16 HIGH ST | ST HAMPTON WICK | KINGSTON UPON THA | UK | KT1 4DB | HOSPITALITY | $10,269,446 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 406 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $80,000 | AllOtherContributionsAmt |
| Total Contributions | $80,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TELEVISION BROADCASTING RIGHTS | 533110 | $3,107,368,341 | $3,107,368,341 | |
| TOP PROGRAMME MARKETING RIGHTS | 533110 | $835,617,072 | $792,067,072 | $43,550,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,942,985,413 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,207,390 | TotalRevenueColumnAmt |
| Exclusion | $50,207,390 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $179,137 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,821,870 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$2,642,733 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,642,733 | TotalRevenueColumnAmt |
| Exclusion | -$2,642,733 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OCOG MARKETING PROGRAMME | 533110 | $16,924,801 | $16,924,801 |
| OTHER RIGHTS (SUPPLIERSHIP & LICENSING) | 533110 | $44,622,234 | $44,622,234 |
| OTHER REVENUE | 900099 | $6,788,420 | $6,788,420 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $68,335,455 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,058,965,525 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,967,770,868 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $43,550,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $47,564,657 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,492,489 | TotalAmt |
| Program Services | $299,492,489 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,905,516,013 | TotalAmt |
| Program Services | $1,905,516,013 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,092,324 | TotalAmt |
| Program Services | $4,318,929 | ProgramServicesAmt |
| Management And General | $5,773,395 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,728,806 | TotalAmt |
| Program Services | $35,831,072 | ProgramServicesAmt |
| Management And General | $47,897,734 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,954,784 | TotalAmt |
| Program Services | $2,976,244 | ProgramServicesAmt |
| Management And General | $3,978,540 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,391,481 | TotalAmt |
| Management And General | $4,391,481 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,352,191 | TotalAmt |
| Program Services | $17,352,191 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,540,481 | TotalAmt |
| Program Services | $1,540,481 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,563,016 | TotalAmt |
| Program Services | $3,563,016 | ProgramServicesAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,758,309 | TotalAmt |
| Program Services | $9,758,309 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,774,666 | TotalAmt |
| Program Services | $11,774,666 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| GENERAL RUNNING EXPENSES | $37,213,274 | $37,213,274 | |
| OLYMPIC GAMES RELATED EXP. | $600,100,674 | $600,100,674 | |
| YOUTH OLYMPIC GAMES EXPENSES | $294,670 | $294,670 | |
| PROMOTION OF OLYMPICS | $191,252,244 | $191,252,244 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,123,234 | TotalAmt |
| Program Services | $19,123,234 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,202,148,656 | TotalAmt |
| Program Services | $3,102,894,232 | ProgramServicesAmt |
| Management And General | $99,254,424 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $159,834,861 | BOYAmt |
| EOY | $180,918,395 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $602,068,905 | BOYAmt |
| EOY | $2,513,634,540 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,401,755,158 | BOYAmt |
| EOY | $973,735,399 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $362,426,088 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $294,792,076 | BOYAmt |
| EOY | $158,510,899 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $197,752,915 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $25,710,364 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178,669,534 | BOYAmt |
| EOY | $172,042,551 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,898,743,281 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,876,264 | BOYAmt |
| EOY | $28,237,176 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $511,879 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,568,740,079 | BOYAmt |
| EOY | $4,390,016,927 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,542,184 | BOYAmt |
| EOY | $560,185,659 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,586,109,045 | BOYAmt |
| EOY | $1,350,309,518 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,829,387 | BOYAmt |
| EOY | $133,813,359 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,048,480,616 | BOYAmt |
| EOY | $2,044,308,536 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,003,703,396 | BOYAmt |
| EOY | $1,850,954,248 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $516,556,067 | BOYAmt |
| EOY | $494,754,143 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,520,259,463 | BOYAmt |
| EOY | $2,345,708,391 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,568,740,079 | BOYAmt |
| EOY | $4,390,016,927 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $856,816,869 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$31,367,941 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,846,483 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,722,698 | DepreciationAmt |
| Book Value | $143,742,139 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,827,010 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,106,509 | DepreciationAmt |
| Book Value | $6,720,501 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,461,068 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,881,159 | DepreciationAmt |
| Book Value | $21,579,911 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $172,042,551 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $4,023,206,103 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$31,367,941 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$31,367,941 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,054,574,044 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $4,391,481 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $4,391,481 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,058,965,525 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,197,757,175 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $3,197,757,175 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $4,391,481 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $4,391,481 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,202,148,656 | TotalExpensesPerForm990Amt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Grantmaking | Olympic Revenue & MKG | $7,118,983 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Grantmaking | OLYMPIC REVENUE & MKG | $745,659,998 |
| North America | 0 | 0 | Grantmaking | OLYMPIC REVENUE & MKG | $35,481,726 |
| Russia and the Newly Independent States | 0 | 0 | Grantmaking | OLYMPIC REVENUE & MKG | $29,302,804 |
| South America | 0 | 0 | Grantmaking | OLYMPIC REVENUE & MKG | $9,951,219 |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | OLYMPIC REVENUE & MKG | $19,118,572 |
| East Asia and the Pacific | 0 | 0 | Grantmaking | OLYMPIC REVENUE & MKG | $1,045,031,408 |
| Middle East and North Africa | 0 | 0 | Grantmaking | OLYMPIC REVENUE & MKG | $13,851,304 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $1,905,516,014 | SubtotalSpentAmt |
| Total Spent | $1,905,516,014 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (8 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| Central America and the Caribbean | Support Olympic Mov. | $7,118,983 | ELEC FND/WIR |
| Europe (Including Iceland and Greenland) | Support Olympic Mov. | $745,659,998 | ELEC FND/WIR |
| North America | Support Olympic Mov. | $35,481,726 | ELEC FND/WIR |
| Russia and the Newly Independent States | Support Olympic Mov. | $29,302,804 | ELEC FND/WIR |
| South America | Support Olympic Mov. | $9,951,219 | ELEC FND/WIR |
| Sub-Saharan Africa | Support Olympic Mov. | $19,118,572 | ELEC FND/WIR |
| East Asia and the Pacific | Support Olympic Mov. | $104,503,140 | ELEC FND/WIR |
| Middle East and North Africa | Support Olympic Mov. | $13,851,304 | ELEC FND/WIR |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 206 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 2 | PURSUANT TO THE OLYMPIC CHARTER, THE IOC SUPPORTS THE STAGING OF THE OLYMPIC GAMES AND OLYMPIC WINTER GAMES WITH A FINANCIAL CONTRIBUTION FROM THE REVENUE IT RAISES THROUGH ITS BROADCAST AGREEMENTS AND THE GLOBAL TOP SPONSORSHIP PROGRAMME. IN 2021, THE AMOUNTS ACCRUED RELATED TO THE GRANTS, CONTRIBUTIONS AND OTHER ASSISTANCE TO ORGANIZATIONS OR ENTITIES OUTSIDE THE UNITED STATES WAS APPROXIMATELY $1,905,516,013. THESE GRANTS ARE INTENDED TO DEVELOP, PROMOTE, AND PROTECT THE OLYMPIC MOVEMENT IN THE RECIPIENT'S RESPECTIVE COUNTRIES, IN ACCORDANCE WITH THE OLYMPIC CHARTER. PRIOR TO RECEIVING A GRANT, A RECIPIENT ORGANIZATION IS SUBJECT TO RECOGNITION PROCEDURES TO ENSURE THAT THE ORGANIZATION DEMONSTRATES ALL CONDITIONS PRESCRIBED IN THE OLYMPIC CHARTER AND TO CONFIRM THAT FUNDS ARE TO BE UTILIZED TO FURTHER THE OLYMPIC MOVEMENT. THE IOC'S EXECUTIVE BOARD MONITORS THE CONDUCT OF THE RECIPIENT ORGANIZATIONS AND MAY TAKE APPROPRIATE ACTION AS NECESSARY, TO ENSURE THAT THE RECIPIENT ORGANIZATIONS ARE ACTING, AND WILL CONTINUE TO ACT, IN THE BEST INTEREST OF THE OLYMPIC MOVEMENT. |
| Schedule F, Part I, Line 3 | THE INTERNATIONAL OLYMPIC COMMITTEE (IOC) CONDUCTS PROGRAM SERVICE ACTIVITIES ON A GLOBAL SCALE. A MAJORITY OF THE IOC'S TOTAL PROGRAM EXPENDITURES, AS REPORTED ON FORM 990, PART IX, ARE CONDUCTED IN REGIONS OUTSIDE THE UNITED STATES. AS AN ORGANISATION BASED IN SWITZERLAND, THE IOC HOLDS INVESTMENT ASSETS IN VARIOUS REGIONS OUTSIDE THE UNITED STATES. THE INVESTMENT ASSETS REPORTED ON FORM 990, PART X INCLUDE INVESTMENT ASSETS HELD IN VARIOUS REGIONS OUTSIDE THE UNITED STATES. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | usopc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE OLYMPIC PLZ | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80909 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 131548339 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Cash Grant | $299,492,489 | CashGrantAmt |
| Purpose Of Grant | SUPPORT OLYMPIC MOVEMENT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | IOC GRANT OF FUNDS TO THE UNITED STATES OLYMPIC & PARALYMPIC COMMITTEE (USOPC) ARE AGREED UPON AND ADMINISTERED THROUGH A DEFINITIVE AGREEMENT CONCLUDED ON 25 MAY 2012. GRANTS TO U.S. CHARITABLE ORGANIZATIONS ARE INTENDED TO DEVELOP, PROMOTE AND PROTECT THE OLYMPIC MOVEMENT IN THE UNITED STATES, IN ACCORDANCE WITH THE OLYMPIC CHARTER. PRIOR TO RECEIVING A GRANT, A RECIPIENT ORGANIZATION IS SUBJECT TO RECOGNITION PROCEDURES TO ENSURE THAT THE ORGANIZATION DEMONSTRATES ALL CONDITIONS PRESCRIBED IN THE OLYMPIC CHARTER AND TO CONFIRM THAT FUNDS ARE TO BE UTILIZED TO FURTHER THE OLYMPIC MOVEMENT. THE IOC'S EXECUTIVE BOARD MONITORS THE CONDUCT OF THE RECIPIENT ORGANIZATIONS AND MAY TAKE APPROPRIATE ACTIONS AS NECESSARY, TO ENSURE THAT THE RECIPIENT ORGANIZATIONS ARE ACTING, AND WILL CONTINUE TO ACT, IN THE BEST INTEREST OF THE OLYMPIC MOVEMENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mark Adams | ||||||||||||||
| Spokesman Services Director | $380,416 | $0 | $87,489 | $0 | $17,132 | $0 | $72,257 | $0 | $26,247 | $0 | $583,541 | $0 | $0 | $0 |
| Jacqueline Barrett | ||||||||||||||
| Future Olym. Games Hosts Dir. | $279,965 | $0 | $87,489 | $0 | $29,399 | $0 | $50,317 | $0 | $26,247 | $0 | $473,417 | $0 | $0 | $0 |
| Richard Budgett | ||||||||||||||
| Dir. Medical and Scientific | $334,111 | $0 | $87,489 | $0 | $22,495 | $0 | $59,085 | $0 | $26,247 | $0 | $529,427 | $0 | $0 | $0 |
| Christopher Carroll | ||||||||||||||
| Digital Engagement & Marketing | $422,004 | $0 | $0 | $0 | $12,798 | $0 | $81,398 | $0 | $26,247 | $0 | $542,447 | $0 | $0 | $0 |
| Christophe De Kepper | ||||||||||||||
| Director General | $764,134 | $0 | $469,229 | $0 | $18,840 | $0 | $147,932 | $0 | $26,247 | $0 | $1,426,382 | $0 | $0 | $0 |
| Christophe Dubi | ||||||||||||||
| Olympic Games Exec. Director | $524,934 | $0 | $32,808 | $0 | $18,886 | $0 | $103,994 | $0 | $26,247 | $0 | $706,869 | $0 | $0 | $0 |
| Pierre Ducrey | ||||||||||||||
| Olympic Games Ops. Director | $304,536 | $0 | $164,042 | $0 | $15,664 | $0 | $47,975 | $0 | $25,232 | $0 | $557,449 | $0 | $0 | $0 |
| Pquerette Girard-Zappelli | ||||||||||||||
| CHIEF ETHICS & COMPLIANCE OFF. | $326,907 | $0 | $87,489 | $0 | $20,507 | $0 | $58,030 | $0 | $26,247 | $0 | $519,180 | $0 | $0 | $0 |
| Lana Haddad | ||||||||||||||
| Chief Operating Officer | $495,875 | $0 | $218,723 | $0 | $80,212 | $0 | $99,032 | $0 | $26,247 | $0 | $920,089 | $0 | $0 | $0 |
| Marcus Hecht-Hausen | ||||||||||||||
| Chief of Staff | $266,779 | $0 | $87,489 | $0 | $18,760 | $0 | $45,536 | $0 | $24,122 | $0 | $442,686 | $0 | $0 | $0 |
| Christian Klaue | ||||||||||||||
| Dir. of Corp. Communication | $272,840 | $0 | $164,042 | $0 | $18,909 | $0 | $45,675 | $0 | $24,183 | $0 | $525,649 | $0 | $0 | $0 |
| Emre Kurtoglu | ||||||||||||||
| Chief Financial Officer | $328,169 | $0 | $109,361 | $0 | $17,854 | $0 | $57,787 | $0 | $26,247 | $0 | $539,418 | $0 | $0 | $0 |
| James MacLeod | ||||||||||||||
| NOC and OS Director | $318,241 | $0 | $164,042 | $0 | $16,949 | $0 | $54,073 | $0 | $26,247 | $0 | $579,552 | $0 | $0 | $0 |
| Mariam Mahdavy | ||||||||||||||
| Legal Affairs Director | $356,518 | $0 | $87,489 | $0 | $8,673 | $0 | $62,896 | $0 | $26,247 | $0 | $541,823 | $0 | $0 | $0 |
| Kit McConnell | ||||||||||||||
| Sports Director | $382,327 | $0 | $164,042 | $0 | $54,529 | $0 | $72,567 | $0 | $26,247 | $0 | $699,712 | $0 | $0 | $0 |
| Pere Mir | ||||||||||||||
| Deputy Director General ROM | $442,165 | $0 | $171,848 | $0 | $18,988 | $0 | $72,159 | $0 | $26,247 | $0 | $731,407 | $0 | $0 | $0 |
| Marie Sallois | ||||||||||||||
| Director CoBraS | $337,653 | $0 | $87,489 | $0 | $55,787 | $0 | $56,330 | $0 | $26,247 | $0 | $563,506 | $0 | $0 | $0 |
| Xavier Tissires | ||||||||||||||
| Director of Human Resources | $278,134 | $0 | $88,036 | $0 | $20,145 | $0 | $47,944 | $0 | $24,663 | $0 | $458,922 | $0 | $0 | $0 |
| Panagiotis Tzivanidis | ||||||||||||||
| Dir. Corp. Events & Marketing | $288,085 | $0 | $109,361 | $0 | $16,017 | $0 | $48,122 | $0 | $25,344 | $0 | $486,929 | $0 | $0 | $0 |
| ILARIO CORNA | ||||||||||||||
| CHIEF INFORMATION TECH. OFFICE | $374,599 | $0 | $54,681 | $0 | $11,727 | $0 | $60,573 | $0 | $26,247 | $0 | $527,827 | $0 | $0 | $0 |
| KAVEH MEHRABI | ||||||||||||||
| DIR. OF ATHLETES DEPT. | $247,318 | $0 | $69,773 | $0 | $40,303 | $0 | $26,810 | $0 | $20,959 | $0 | $405,163 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Transactions with related parties | THE IOC'S EXECUTIVE BOARD MEMBERS, INCLUDING THE IOC PRESIDENT, ARE CONSIDERED TO BE VOLUNTEERS. UPON REQUEST BY AN IOC EXECUTIVE BOARD MEMBER (FOLLOWING A SIMPLE PROCESS), A PORTION OF THEIR PERSONAL ADMINISTRATIVE EXPENSES, RELATED TO THE EXECUTION OF THEIR RESPECTIVE FUNCTIONS WITHIN THE IOC, ARE COMPENSATED BY A FIXED AMOUNT. THE FIXED AMOUNT MAY VARY IN RELATION TO THE FUNCTIONS BEING PERFORMED BY THE INDIVIDUAL. THESE COSTS ARE INCLUDED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990. AS WELL AS THE STATEMENT OF ACTIVITIES INCLUDED WITHIN THE IOC'S ANNUAL REPORT, WHICH IS PUBLICLY AVAILABLE ON THE IOC'S WEBSITE. |
| Schedule J, Part I, Line 1a | EXPENSES INCURRED FOR TRAVEL AND ACCOMMODATIONS DURING THE EXECUTION OF THE IOC MEMBERS'S FUNCTIONS ARE COVERED BY THE IOC. THE INDEMNITY POLICY FOR THE IOC MEMBERS AND THE IOC PRESIDENT IS AS FOLLLOWS: - IOC MEMBERS AND IOC HONORARY MEMBERS ANNUAL ADMINISTRATIVE SUPPORT: $7,000 USD - DAILY INDEMNITY FOR THE IOC MEMBERS FOR ALL TYPES OF MEETINGS, INCLUDING COMMISSIONS, SESSIONS AND OLYMPIC GAMES (TO COVER THE TIME OF TRAVEL, THE DAYS BEFORE AND AFTER THE MEETINGS ARE COMPENSATED): $450 USD - DAILY INDEMNITY FOR IOC COMMISSION CHAIRS FOR THEIR OWN COMMISSION MEETINGS (TO COVER THE TIME OF TRAVEL, THE DAYS BEFORE AND AFTER THE MEETINGS ARE COMPENSATED): 2 X $450 USD DAILY INDEMNITY FOR IOC EXECUTIVE BOARD MEMBERS FOR EXECUTIVE BOARD MEETINGS (TO COVER THE TIME OF TRAVEL, THE DAYS BEFORE AND AFTER THE MEETINGS ARE COMPENSATED): 2 X $450 USD THE RESPECTIVE INDEMNITIES CAN BE ALLOCATED BY THE PRESIDENT WHEN HE REQUESTS A MEMBER FOR A SPECIAL MISSION. THESE COSTS ARE INCLUDED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990, AS WELL AS THE STATEMENT OF ACTIVITIES UNDER TRANSPORT, TRAVEL AND RESIDENCE WITHIN THE IOC'S ANNUAL REPORT, WHICH IS PUBLICLY AVAILABLE ON THE IOC'S WEBSITE. THE IOC PRESIDENT WILL BE TREATED IN THE SAME WAY AND ENTITLED TO THE SAME INDEMNITY AS THE EXECUTIVE BOARD MEMBERS DURING THE MEETINGS OF THE EXECUTIVE BOARD AND AS ANY IOC EXECUTIVE BOARD MEMBER DURING THE OLYMPIC GAMES. ACCORDING TO THE OBLIGATIONS AND RIGHTS ATTRIBUTED TO HIM IN THE OLYMPIC CHARTER, THE IOC PRESIDENT HAS THE FUNCTION OF AN EXECUTIVE PRESIDENT. THEREFORE, THE PRESIDENT IS ON MISSION FOR THE IOC 365 DAYS A YEAR. IN LINE WITH PAST PRACTICES AND LIKE ALL OTHER IOC MEMBERS, THE IOC PRESIDENT RECEIVES AN INDEMNITY TO PARTIALLY COVER HIS EXPENSES. THE PRESIDENT RECEIVES NEITHER THE FIXED ANNUAL SUPPORT NOR THE DAILY INDEMNITY RELATED TO ALL COMMISSION MEETINGS OR OTHER MISSIONS THAT HE IS ENTITLED TO AS AN IOC MEMBER. INSTEAD, TO COVER SOME OF THE PRESIDENT'S PERSONAL COSTS RELATED TO THE EXECUTION OF HIS FUNCTION, THE ETHICS COMMISSION DECIDED ON A SINGLE ANNUAL FIXED INDEMNITY, LINKED TO INFLATION, OF EUR 275 THOUSAND. IN LINE WITH INDEMNITY POLICY, THE IOC COVERS THE COSTS OF THE PRESIDENT'S EXPENSES, WHICH AMOUNTED to $376,000 USD in 2021 and $291,000 USD in 2020 (THIS VARIATION IS MAINLY DUE TO FOREIGN EXCHANGE RATES). THESE AMOUNTS INCLUDE THE EUR 275 THOUSAND ANNUAL INDEMNITY AS DECIDED BY THE ETHICS COMMISSION (EUR 225 THOUSAND IN 2020). CONSISTENT WITH PAST PRACTICE, AN ANNUAL AMOUNT $165 THOUSAND USD WAS PAID BY THE IOC TO COVER THE INCOME TAX EXPENSE RELATED TO THE IOC PRESIDENT'S ACTIVITIES IN SWITZERLAND. THE COST OF THESE EXPENSES ARE NOT TREATED AS COMPENSATION TO THE PRESIDENT FOR SWISS INCOME TAX PURPOSES AND THE INCOME TAX PAID TO COVER THE PRESIDENT'S EXPENSE ALLOWANCES IS PAID DIRECTLY TO THE SWISS TAX AUTHORITIES BY THE IOC. THESE COSTS ARE INCLUDED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990, AS WELL AS THE STATEMENT OF ACTIVITIES UNDER TRANSPORT, TRAVEL AND RESIDENCE EXPENSES WITHIN THE IOC'S ANNUAL REPORT, WHICH IS PUBLICALY AVAILABLE ON THE IOC'S WEBSITE. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, BOX E & FORM 990, PART VI, SECTION C, LINE 20 | The organisation's telephone number is +41 21 621 61 11 |
| FORM 990, PART III, LINE 1 | Organisation Mission CONTINUED ENSURING THE REGULAR CELEBRATION OF THE OLYMPIC GAMES AND TO LEAD THE BY ENCOURAGING AND SUPPORTING organisation, development and coordination of sport and sports competitions in accordance with the Olympic Charter. The IOC's role is: - To encourage and support the promotion of ethics and good governance in sport, as well as education of youth through sport and to dedicate its efforts to ensure that, in sport, the spirit of fair play prevails and violence is banned; - To encourage and support the organisation, development and coordination of sport and sports competitions; - To ensure the regular celebration of the Olympic games; - To cooperate with the competent public or private organisations and authorities in the endeavour to place sport at the service of humanity and thereby to promote peace; - To take action to strengthen the unity of the Olympic Movement, to protect its independence, to maintain and promote its political neutrality and to preserve the autonomy of sport; - To act against any form of discrimination affecting the Olympic Movement; - To encourage and support elected representatives of athletes with the Olympic Movement, with the IOC Athletes' Commission acting as their supreme representative on all Olympic Games and related matters; - To encourage and support the promotion of women in sport at all levelS and in all structures with a view to implementing the principle of equality of men and women; - To protect clean athletes and the integrity of sport, by leading the fight against doping, and by taking action against all forms of manipulation of competitions and related corruption; - To encourage and support measures relating to the medical care and health of athletes; - To oppose any political or commercial abuse of sport and athletes; - To encourage and support the efforts of sports organisations and public authorities to provide for the social and professional future of athletes; - To encourage and support the development of sport for all; - To encourage and support a responsible concern for environmental issues, to promote sustainable development in sport and to require that the Olympic Games are held accordingly; - To promote a positive legacy from the Olympic Games to the host cities, regions and countries; - To encourage and support initiatives blending sport with culture and education; - To encourage and support the activities of the International Olympic Academy and other institutions which dedicate themselves to Olympic education; and - To promote safe sport and the protection of athletes from all forms of harassment and abuse. |
| Form 990, Part IV, Line 12b & Form 990, Part XII, Line 2b | Financial Statements The International Olympic Committee (IOC) is an international non-government not-for-profit association organized in Switzerland, and functions in accordance with the Swiss Civil Code. The consolidated financial statements of the IOC, as audited by an independent accountant, are prepared in accordance with and comply with the InternationaL Financial ReportinG Standards and as well the Swiss Law. |
| Form 990, Part VI, Line 6 | Explanation of Classes of Members or Shareholders The IOC is comprised of members who are natural persons, not to exceed a total of 115 individuals. The members represent and promote the interests of the IOC and the Olympic Movement in their countries and in the organisations of the Olympic Movement in which they service. The members vote on important decisions related to the IOC, including the election of host cities for the Olympic games, changes to the Olympic charter, and election of new members, the IOC executive board and the IOC President. The members of the IOC are comprised of: - A majority of members whose memberships are not linked to any specific function or office, including up to five members who may be elected in special cases, their total may not exceed 70 and there may be no more than one such member national of any given country; - Active athletes the number of whom may not exceed 15 - Presidents or persons holding an executive or senior leadership position within International Federations, associations of International Federations or other organisations recognized by the IOC, the total number of whom may not exceed 15; and - Presidents or persons holding an executive or senior leadership position within National Olympic Committees or world or continental associations of National Olympic Committees, the total number of whom may not exceed 15; there may be no more than one such member national of any Given country within the IOC. |
| Form 990, Part VI, Line 7a | How Members or Shareholders Elect Governing Body The IOC members have the power to elect the Executive Board of the IOC, which is carried out by vote during the general meeting of the IOC members. |
| Form 990, Part VI, Line 7b | Decisions of Governing Body Approved by Members or Shareholders During the general meeting of the members of the IOC, the members vote on the following: - To adopt or amend the Olympic Charter - To elect members of the IOC, the honorary president, honorary members and honour members; - To elect the President, the Vice Presidents and all other members of the IOC Executive Board; - To adopt or amend the Athletes' Rights and Responsibilities Declaration - To resolve and decide upon all other matters assigned to it by law or by the Olympic Charter. The Executive Board assumes the overall responsibility for thE administration of the IOC and management of its affairs, including approving all internal governance regulations relating to the organisation. |
| Form 990, Part VI, Line 11b | Form 990 Review Process The Form 990 was prepared by the IOC's independent tax accountant, Ernst & Young LLP, with assistance from the IOC's Tax Manager. The Form 990 was then reviewed and signed off by the Chief Financial Officer. A complete copy was provided to the Chief Operating Officer and the Director General prior to the filing date. The IOC Form 990 was then approved by the Chief Operating Officer and the Director General prior to it being filed with the Internal Revenue Service. |
| Form 990, Part VI, Line 12c | MONITORING AND ENFORCEMENT OF CONFLICTS OF INTEREST POLICY THE IOC'S CONFLICT OF INTEREST POLICIES AND PROCEDURES ARE DETAILed WITHIN THE IOC CODE OF ETHICS, UNDER THE SECTION TITLED "RULES CONCERNING CONFLICTS OF INTERESTS AFFECTING THE BEHAVIOUR OF OLYMPIC PARTIES." THE IOC CODE OF ETHICS IS READILY AVAILABLE TO THE PUBLIC AND FORMS AN iNTEGRAL PART OF THE OLYMPIC CHARTER. PRIOR TO EXAMINATION BY THE IOC EXECUTIVE BOARD OF A CANDIDATURE FOR ELECTION AS AN IOC MEMBER, A CANDIDATE MUST DECLARE ANY RISKS Of CONFLICTS OF INTERESTS TO THE IOC CHIEF ETHICS AND COMPLIANCE OFFICER. THE ATTENTION OF THE CANDIDATE MAY BE DRAWN TO ANY POTENTIAL CONFLICTS OF INTEREST IDENTIFIED. IT IS THE PERSONAL RESPONSIBILITY OF EACH PERSON TO AVOID ANY CASE OF CONFLICT OF INTEREST. FACED WITH A SITUATION OF A POTENTIAL CONFLICT OF INTEREST, THE PERSON CONCERNED MUST REFRAIN FROM EXPRESSING AN OPINION, FROM MAKING OR PARTICIPATING IN MAKING A DECISION OR ACCEPTING ANY FORM OF BENEFIT WHATSOEVER. HOWEVER, IF THE PERSON WISHES TO CONTINUE TO ACT, OR IF THE PERSON IS UNCERTAIN AS TO THE STEPS TO TAKE, THE PERSON MUST INFORM THE IOC CHIEF ETHICS AND COMPLIANCE OFFICER OF THE SITUATION, WHO tHEN TAKES THE STEPS BELOW. THE IOC CHIEF ETHICS AND COMPLIANCE OFFICER IS RESPONSIBLE FOR ADVISING PERSONS, AT THEIR REQUEST, IN A SITUATION OF A POTENTIAL CONFLICT OF INTERESTS. THE PERSON CONCERNED IS THEN OFFERED A SOLUTION FROM THE FOLLOWING OPTIONS: (1) REGISTERING THE DECLARATION WITHOUT ANY PARTICULAR MEASURE; (2) REMOVAL OF THE PERSON INVOLVED FROM PART OR ALL OF THE ACTION OR FROM THE DECISION OF THE OLYMPIC PART AT THE ROOT OF THE CONFLICT; (3) RELINQUISHMENT OF THE MANAGEMENT OF THE EXTERNAL INTEREST CAUSING THE CONFLICT; OR (4) ANY COMPLEMENTARY MEASURES. THE PERSOn CONCERNED THEN TAKES THE STEPS THAT HE/SHE CONSIDERS APPROPRIATE. IN THE EVENT THAT A PERSON NEGLECTS TO DECLARE A SITUATION OF A POTENTIAL CONFLICT OF INTETESTS, AND/OR IS AN ACTUAL CONFLICT OF INTEREST SITUATION, THE IOC CHIEF ETHICS AND COMPLIANCE OFFICER MAY REFER THE CASE TO THE IOC ETHICS COMMISSION IN ACCORDANCE WITH THE CONDITIONS SET OUT IN ITS RULES OF PROCEDURE. THE IOC ETHICS COMMISSION WILL THEN PROPOSE TO THE IOC EXECUTIVE BOARD EITHER ONE OF THE MEASURES PROVIDED ABOVE AND/OR ONE OF THE SANCTIONS DEFINED IN THE OLYMPIC CHARTER. |
| Form 990, Part VI, Lines 15a & 15b | COMPENSATION REVIEW AND APPROVAL PROCESS SUBJECT TO THE POWERS AND DUTIES OF THE IOC PRESIDENT AND OF THE EXECUTIVE BOARD, THE MANDATE OF THE HR COMMITTEE IS TO REVIEW, REPORT ON AND, IF REQUIRED, MAKE RECOMMENDATIONS TO THE IOC PRESIDENT, THE EXECUTIVE BOARD OR MANAGEMENT ON MATTERS RELATING TO COMPENSATION POLICY. THE DUTIES AND RESPONSIBILITIES OF THE HR COMMITTEE INCLUDE THE APPROVAL OF COMPENSATION AS PER THE PROCESS INCLUDED IN THE IOC HR COMMITTEE CHARTER. THE PRESIDENT SUBMITS THE PROPOSED COMPENSATION FOR THE DIRECTOR GENERAL TO THE HR COMMITTEE, WHO THEN REVIEWS AND APPROVES THE DIRECTOR GENERAL'S COMPENSATION. THE PRESIDENT, IN COLLABORATION WITH THE DIRECTOR GENERAL, SUBMITS COMPENSATION PROPOSALS FOR THE EXECUTIVE MANAGEMENT, WHICH IS THEN REVIEWED AND APPROVED BY THE HR COMMITTEE. COMPENSATION DECISIONS UTILISE KNOWLEDGE AND EXPERTISE OF THE MARKET AND COMPARABLE DATA AVAILABLE. CONTEMPORANEOUS SUBSTANTIATION OF COMPENSATION DECISIONS ARE RECORDED. |
| Form 990, Part VI, Line 19 | Availability of Governing Documents to the Public The IOC Statues and By-Laws, which form part of the Olympic Charter, Code of Ethics, and the Annual Report, which includes the financiaL statements, can be found on its website at www.olympic.org. |
| FORM 990, PART V, LINE 2A & PART VII, SECTION A | Compensation Employees of the IOC are not U.S. residents or U.S. employees; therefore, The compensation information for these individuals is provided using thE best information available form W-2 equivalents. |
| Form 990, Part VII, Section A | While the IOC has appropriately classified the individuals listed as Key Employees and Highest Compensated Employees in accordance with Part VII, these individuals are all of equal standing as part of the IOC administration. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| Olympic Foundation | ||||||||
| CHATEAU DE VIDY | LAUSANNE | SZ | PROMOTE OLYM | SZ | N/A | N/A | NA | Yes (true) |
| The Olympic FNDN for Culture & HERITAGE | ||||||||
| QUAI DOUCHY 1 | LAUSANNE | SZ | PROMOTE OLYM | SZ | N/A | N/A | NA | Yes (true) |
| Foundation for Universal Olympic Ethics | ||||||||
| CHATEAU DE VIDY | LAUSANNE | SZ | PROMOTE OLYM | SZ | N/A | N/A | NA | Yes (true) |
| International Olympic Truce Foundation | ||||||||
| CHATEAU DE VIDY | LAUSANNE | SZ | PROMOTE OLYM | SZ | N/A | N/A | NA | Yes (true) |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| IOC Television & Marketing Services SA | |||||||||
| Chteau de Vidy | Lausanne | SZ | IOC SERVICE C | SZ | NA | Foreign corp. | $0 | $0 | Yes (true) |
| Olympic Broadcasting Services SA (OBS SA | |||||||||
| Chteau de Vidy | Lausanne | SZ | IOC SERVICE C | SZ | NA | Foreign corp. | $0 | $0 | Yes (true) |
| Olympic Channel Services SA (OCS SA) | |||||||||
| Chteau de Vidy | Lausanne | SZ | IOC SERVICE C | SZ | NA | Foreign corp. | $0 | $0 | Yes (true) |
| Olympic Broadcasting Services SL (OBS) | |||||||||
| Torrelaguna 75 | Madrid | SP | IOC SERVICE C | SP | NA | Foreign corp. | $0 | $0 | Yes (true) |
| Olympic Channel Services SL (OCS SL) | |||||||||
| Torrelaguna 75 | Madrid | SP | IOC SERVICE C | SP | NA | Foreign corp. | $0 | $0 | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule R, Part II, Column d | Each organisation listed is classified as a public utility organisation, and is tax-exempt under Swiss Direct Federal Income Tax Law. |
| Schedule R, Part V, Line 2 | THE IOC HAS VARIOUS CONTRACTUAL ARRANGEMENTS WITH ITS RELATED ORGANISATIONS, ALL OF WHICH ARE CONDUCTED AT ARM'S LENGTH. ALL TRANSACTIONS WITH RELATED ORGANISATIONS ARE IN CONNECTION WITH THe OLYMPIC MOVEMENT. |