International Olympic Committee
- Assets
- $4.1b
- Revenue
- $730.0m
- Investments
- $0.0
- Employees
- 372
- Location
- Founding
- 03/1992
- Data as of
- 12/2019
- 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 12/2018, International Olympic Committee employed 372 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, International Olympic Committee generated $730.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 42.5% each year . All expenses for the organization totaled $768.2m during the year ending 12/2019. While expenses have increased by 11.3% per year over the past 5 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
2019
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 2018, THE IOC PROVIDED DIRECT FINANCIAL SUPPORT TO THE PYEONGCHANG 2018 ORGANISING COMMITTEE, THE TOKYO 2020 ORGANISING COMMITTEE, THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE, THE NATIONAL OLYMPIC COMMITTEES, AND THE INTERNATIONAL SPORTS FEDERATIONS THROUGH THE DISTRIBUTION OF OLYMPIC GAMES REVENUES, WHICH INCLUDES BROADCASTING RIGHTS.
OLYMPIC MARKETING PROGRAMME TOP REVENUE DISTRIBUTION:IN 2018, THE TOP REVENUE DISTRIBUTION CONTRIBUTED TO THE SUCCESS OF THE OLYMPIC WINTER GAMES PYEONGCHANG 2018. THE TOP REVENUE DISTRIBUTION ALSO GAVE VALUABLE SUPPORT TO THE TOKYO 2020 ORGANISING COMMITTEE AND THE NATIONAL OLYMPIC COMMITTEES (INCLUDING THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE).
OLYMPIC SOLIDARITY PROGRAMME: OLYMPIC SOLIDARITY IS RESPONSIBLE FOR ADMINISTERING AND MANAGING THE SHARE OF THE OLYMPIC BROADCASTING 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 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christophe DE Kepper Director General | Officer | 41 | $1,126,955 |
Pere Mir Deputy Director General Rom | Officer | 41 | $703,322 |
Christophe Dubi Olympic Games Exec Director | Officer | 41 | $677,431 |
Lana Haddad Chief Finance Officer | Officer | 41 | $570,427 |
Mark Adams Spokesman Services Director | 41 | $467,086 | |
Richard Budgett Director Medical & Scientific | 41 | $440,187 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Essence Global Limited Consultancy | 12/30/18 | $7,779,526 |
The Experience By Richard Attias Fz Consultancy | 12/30/18 | $6,350,590 |
Dentsu Inc Consultancy | 12/30/18 | $4,512,500 |
Zenith International Media Ltd Consultancy | 12/30/18 | $4,198,550 |
Tradamarca Humphrey And Co Consultancy | 12/30/18 | $3,071,879 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $44,699,432 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $730,001,238 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $352,637,257 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $9,894,170 |
| Compensation to disqualified persons | $490,830 |
| Other salaries and wages | $65,544,525 |
| Pension plan accruals and contributions | $5,718,804 |
| 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 | $1,869,796 |
| Fees for services: Other | $24,703,483 |
| Advertising and promotion | $2,383,428 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,688,164 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,294,553 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,963,218 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $768,186,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500,349,418 |
| Savings and temporary cash investments | $293,027,900 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,214,129,203 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $183,859,692 |
| Investments—publicly traded securities | $1,683,620,362 |
| Investments—other securities | $0 |
| Investments—program-related | $37,767,264 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,087,990,854 |
| Accounts payable and accrued expenses | $344,540,993 |
| Grants payable | $0 |
| Deferred revenue | $2,191,640,413 |
| 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 | $135,539,488 |
| Other liabilities | $0 |
| Total liabilities | $2,671,720,894 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,416,269,960 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Commonwealth Scientific And Industrial Research Organization | $1,946,650,501 | $942,337,007 |
Hebrew University Association Jerusalem Palestine | $2,904,524,000 | $791,127,852 |
Mcmaster University Ontario | $2,111,626,167 | $868,664,422 |
International Olympic Committee | $4,087,990,854 | $730,001,238 |
University Of Saskatchewan | $1,944,445,047 | $717,162,062 |
Tel Aviv University | $2,130,042,219 | $655,596,000 |
Queens University At Kingston Department Of Financial Services | $2,151,670,567 | $760,216,380 |
The Oxford Funds | $4,023,271,263 | $932,367,917 |
Universite De Sherbrooke | $838,467,330 | $556,596,076 |
Independent Order Of Foresters | $4,609,529,273 | $538,179,337 |
Simon Fraser University | $1,583,109,371 | $571,243,545 |
Dalhousie University | $1,465,191,000 | $543,867,000 |