United States Olympic & Paralympic Committee

Organization Overview

United States Olympic & Paralympic Committee, operating under the name Us Olympic And Paralympic Committee, is located in Colorado Springs, CO. The organization was established in 1952. According to its NTEE Classification (N71) the organization is classified as: Olympics, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Us Olympic And Paralympic Committee employed 525 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Us Olympic And Paralympic Committee is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Us Olympic And Paralympic Committee generated $181.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $230.8m during the year ending 12/2020. While expenses have increased by 2.5% per year over the past 6 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.

Since 2015, Us Olympic And Paralympic Committee has awarded 434 individual grants totaling $451,830,309. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

EMPOWER TEAM USA ATHLETES TO ACHIEVE SUSTAINED COMPETITIVE EXCELLENCE AND WELL-BEING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ATHLETE EXCELLENCE - PROGRAMS DEDICATED TO HOLISTICALLY SERVING ELITE ATHLETES AS THEY ACHIEVE THEIR GREATEST POTENTIAL. IN ADDITION TO PROGRAMS FOCUSED ON ATHLETIC ACHIEVEMENT (ATHLETIC TRAINING CENTERS, SPORT SCIENCES AND DIRECT ATHLETE GRANTS), WE ALSO SUPPORT CRITICAL AREAS OF WELL-BEING, INCLUDING MENTAL AND PHYSICAL HEALTH, SAFETY, CAREER, EDUCATION, EARNING POTENTIAL, REPRESENTATION AND PERSONAL EXPRESSION THAT PLAY A VITAL ROLE IN ATHLETE EXCELLENCE.


SPORT ADVANCEMENT - PROGRAMMING AND SUPPORTING SERVICES DEDICATED TO PROMOTING A CULTURE OF OPERATIONAL EXCELLENCE, INCLUSIVENESS, SAFETY AND FAIRNESS. THIS INCLUDES PROGRAMS THAT SUPPORT OUR NATIONAL GOVERNING BODIES, COACHING DEVELOPMENT, SAFE SPORT AND ANTI-DOPING CONTRIBUTIONS, AS WELL AS, DIVERSITY, EQUITY & INCLUSION PROGRAMMING, AND COLLEGIATE PARTNERSHIPS.


COMMUNITY GROWTH - BY GROWING THE OLYMPIC AND PARALYMPIC MOVEMENTS AND ENGAGING SPORT PARTICIPANTS, FANS, DONORS AND PARTNERS, WE ARE COMMITTED TO HAVING THE GREATEST POSSIBLE IMPACT ON CULTURE THROUGH SPORT.


THE USOPC PROVIDES GRANTS TO THE USOPF TO COVER OPERATING ADMINISTRATIVE AND FUNDRAISING EXPENSES SO A HIGHER PERCENTAGE OF DONOR DOLLARS SUPPORT CORE PROGRAMS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Us Anti Doping Agency
Anti-doping
$4,465,920
Covington & Burling Llp
Legal Counsel
$4,356,293
72andsunny Partners Llc
Team Usa Promotional Services
$3,070,990
United States Center For Safesport
Athlete Safety Programs
$20,000,000
United States Olympic & Paralympic Museu
Event Services
$3,001,500
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$63,219,682
Investment income $2,207,007
Tax Exempt Bond Proceeds $0
Royalties $106,769,757
Net Rental Income $388,097
Net Gain/Loss on Asset Sales $550
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $181,767,366

Grants Awarded

Over the last fiscal year, United States Olympic & Paralympic Committee has awarded $76,520,683 in support to 63 organizations.

Grant RecipientAmount

UNITED STATES OLYMPIC & PARALYMPIC FOUNDATION

Org PageRecipient Profile

Colorado Springs, CO

PURPOSE: OLYMPIC/PARALYMPIC SUPPORT

$13,957,914

US SKI & SNOWBOARD ASSOCIATION

Org PageRecipient Profile

Park City, UT

PURPOSE: OLYMPIC/PARALYMPIC SUPPORT

$6,807,188

USA TRACK & FIELD

PURPOSE: OLYMPIC/PARALYMPIC SUPPORT

$5,331,634

USA SWIMMING

PURPOSE: OLYMPIC/PARALYMPIC SUPPORT

$4,824,552

Indianapolis, IN

PURPOSE: OLYMPIC/PARALYMPIC SUPPORT

$3,247,826

USA BOBSLED & SKELETON FEDERATION

Org PageRecipient Profile

Clarksville, TN

PURPOSE: OLYMPIC/PARALYMPIC SUPPORT

$2,325,718
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 16 grants that United States Olympic & Paralympic Committee has recieved totaling $790,701.

Awarding OrganizationAmount
Adaptive Spirit

Littleton, CO

PURPOSE: Paralympic support

$500,000
Anthony R Abraham Foundation Inc

Miami, FL

PURPOSE: HUMANITARIAN

$75,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$74,750
Levitetz Family Foundation Inc

Boca Raton, FL

PURPOSE: GENERAL PURPOSE

$60,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$25,246
Communities Foundation Of Texas

Dallas, TX

PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$29,355,966
Earnings$2,047,342
Net Contributions$22,002,001
Other Expense$6,512,181
Grants$9,469,758
Ending Balance$37,423,370

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