EIN 13-1548339

United States Olympic and Paralympic Committee (USOC)

IRS 501(c) type
501(c)(3)
Num. employees
561
Year formed
1950
Most recent tax filings
2022-12-01
Description
To support U.S. Olympic and Paralympic athletes in achieving sustained competitive excellence while demonstrating the values of the Olympic Movement, thereby inspiring all Americans.
Also known as...
United States Olympic Committee; US Olympic and Paralympic Committee
Total revenues
$357,286,557
2022
Total expenses
$295,610,741
2022
Total assets
$507,745,070
2022
Num. employees
561
2022

Program areas at USOC

Athlete excellence and well-being - 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.
Community growth - the usopc grows the Olympic and Paralympic movements and sport participation through broad fan, donor and partner engagement, supporting our commitment to having the greatest possible impact on culture through sport.
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.
The usopc provides grants to the usopf to cover operating administrative and fundraising expenses so a higher percentage of donor dollars support core programs.

Grants made by USOC

GranteeGrant descriptionAmount
United States Olympic and Paralympic FoundationOlympic/paralympic Support$12,606,416
United States Ski and Snowboard AssociationOlympic/paralympic Support$6,434,957
USA GymnasticsOlympic/paralympic Support$2,383,120
...and 51 more grants made totalling $61,700,794

Who funds United States Olympic and Paralympic Committee (USOC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
International Olympic CommitteeSupport Olympic Movement$237,015,493
United States Olympic and Paralympic FoundationProgram Support$27,505,694
The United States Olympic and Paralympic EndowmentGeneral Support$11,608,196
...and 27 more grants received totalling $277,878,815

Personnel at USOC

NameTitleCompensation
Sophie GoldschmidtPresident and Chief Executive Officer
Christopher D McClearyGeneral Counsel and Chief Operating Officer and Sec.$553,828
Kevin E PennChief of Bus Operations$619,710
Brooke McAffeeChief Financial and Administrative Officer
Morane B KerekChief Financial Officer$388,170
...and 20 more key personnel

Financials for USOC

RevenuesFYE 12/2022
Total grants, contributions, etc.$76,023,285
Program services$129,961,426
Investment income and dividends$3,834,163
Tax-exempt bond proceeds$0
Royalty revenue$141,289,071
Net rental income$335,096
Net gain from sale of non-inventory assets$-32,662
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,876,178
Total revenues$357,286,557

Form 990s for USOC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-23990View PDF
2021-122022-06-28990View PDF
2020-122021-06-24990View PDF
2019-122020-09-29990View PDF
2018-122019-10-12990View PDF
...and 10 more Form 990s

Organizations like USOC

OrganizationLocationRevenue
Special OlympicsWashington, DC$138,307,643
Institute of International EducationNew York, NY$326,453,880
College BoardNew York, NY$1,040,203,098
World LearningBrattleboro, VT$92,793,479
United Negro College FundWashington, DC$361,352,697
Ymca of the USAChicago, IL$118,596,812
Tides CenterSan Francisco, CA$281,474,772
HiasSilver Spring, MD$149,188,323
United States Soccer Federation (USSF)Chicago, IL$122,296,409
Wentworth Institute of TechnologyBoston, MA$193,916,069
Data update history
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $550,000 from Steadman Philippon Research Institute (SPRI)
August 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2023
Updated personnel
Identified 1 new personnel
August 19, 2023
Used new vendors
Identified 3 new vendors, including , , and
August 19, 2023
Received grants
Identified 1 new grant, including a grant for $27,505,694 from United States Olympic and Paralympic Foundation
Nonprofit Types
Sports competitionsSports organizationsCharities
Issues
EducationHuman servicesSports
Characteristics
Political advocacyProvides grantsLobbyingOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
1 Olympic Plaza
Colorado Springs, CO 80909
Metro area
Colorado Springs, CO
County
El Paso County, CO
Website URL
usskiandsnowboard.org/governance/united-states-olympic-paralympic-committee 
Phone
(719) 866-4823
Facebook page
TeamUSA 
IRS details
EIN
13-1548339
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1950
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N70: Amateur Sports Competitions
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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