International Olympic Committee

Nonprofit profile at a glance

EIN
980123241
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Lausanne, SZ
Phone
0000000000
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$4,410,516,368
Expenses
$3,380,167,731
Assets
$4,735,675,750
Liabilities
$1,124,438,100

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

40 people listed

Executive titles in this filing

  • Thomas Bach (IOC President)
  • Christophe Dubi (Olympic Games Executive Director)
  • Pere Mir (Senior IOC President Advisor)

Highest reported compensation

  • Christophe De Kepper (Director General): $1,622,777 total reported compensation
  • Christophe Dubi (Olympic Games Executive Director): $1,140,127 total reported compensation
  • Kit McConnell (Sports Director): $1,124,586 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The International Olympic Committee's (IOC) mission is to promote Olympism throughout the world by ensuring the regular celebration of the Olympic Games and to lead the Olympic Movement by encouraging and supporting the organisation, development and coordination of sport and sports competitions in accordance with the Olympic Charter. (Continued on Schedule O)

What it reported doing in 2024

Olympic solidarity programme: olympic solidarity programme 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

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 69% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some related-organization disclosures are missing.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 69
  • Accountability: 95
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.2%; rating input score 76
  • Program expense ratio: 97.9%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 23.4%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.4; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 85; 85th percentile among comparable filings

Growth

  • Program expense growth: 13.3% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 14.8% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 76.2% of revenue deployed · 97.9% of spending went to programs
  • Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $3.3B in reported program spending
  • Leadership: top reported pay $1.6M · 40 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $33.3M reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 25 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.