International Olympic Committee

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.

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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Essence Global Limited
Consulting
$28,092,536
Bird Bird Llp
Legal Marketing
$16,047,914
Deloitte Consulting Llp
Consulting
$12,886,146
D Team Sa
Construction
$11,155,573
The Iluka Collective Limited
Hospitality
$10,269,446
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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

Peer Organizations

Organization NameAssets
Mcmaster University Ontario
$954,591,107
Independent Order Of Foresters
$713,057,039
Hebrew University Association Jerusalem Palestine
$946,360,171
University Of Saskatchewan
$816,404,692
Queens University At Kingston Department Of Financial Services
$804,073,117
Tel Aviv University
$866,534,000
National Trust For Places Of Historic Interest Or Natural Beaut
$820,524,000
University Of Manitoba
$788,244,000
Simon Fraser University
$690,303,634
Dalhousie University
$654,417,000
Universite De Sherbrooke
$587,133,569
University Of Victoria
$512,310,368

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