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International Olympic Committee

Not tax-deductible

Switzerland501(c)(4)Since 1894 EIN 98-0123241Revenue $4.4B in FY2024Latest return filed Nov 14, 2025

On file with the IRSolympic.org/the-iocLausanne 1007, 00000-0000 · SwitzerlandTax-exempt since Mar 1992

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To promote olympism throughout the world and lead the Olympic movement in accordance with the Olympic charter.

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
98¢ of each $1 spent went to programs.
$13.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $466.3M a year · 18% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$13.6M
to officers and key staff · 0.4% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 13.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.1B
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.4B
+332% vs prior year
Spent
$3.4B
To programs
98%
Net assets
$3.6B
By yearFY2020–FY2024
Revenue
$4.4B
FY2024▲ +332%
Tap a bar for its year
Revenue by fiscal year
FY2020$868.3M
FY2021$4.1B
FY2022$2.3B
FY2023$1.0B
FY2024$4.4B
Expenses
$3.4B
FY2024▲ +268%
Tap a bar for its year
Expenses by fiscal year
FY2020$788.9M
FY2021$3.2B
FY2022$2.0B
FY2023$919.0M
FY2024$3.4B
Net assets
$3.6B
FY2024▲ +41%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5B
FY2021$2.3B
FY2022$2.4B
FY2023$2.6B
FY2024$3.6B

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $3.3B Management & general 2% · $71.6M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

40 people listed on the 990; $13.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
Christophe De Kepper
Director General
$1,426,699Pt VII · Sec A
Kit McConnell
Sports Director
$1,022,639Pt VII · Sec A
Christophe Dubi
Olympic Games Executive Director
$994,766Pt VII · Sec A
Lana Haddad
Chief Operating Officer
$847,149Pt VII · Sec A
Leondro Larrosa
Digital Engagement & Marketing Director
$751,122Pt VII · Sec A
Emre Kurtoglu
Chief Financial Officer
$692,273Pt VII · Sec A
James Macleod
National Olympic Committee and Olympic Solidarity Director
$625,754Pt VII · Sec A
Ilario Corna
Chief Information Technology Officer
$609,732Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Christophe Dubi$994,766$1,701,451$598,860$576,628$652,086
Christophe De Kepper$1,426,699$1,492,558$1,411,744$1,252,203$1,000,917
Kit McConnell$1,022,639$568,078$571,488$600,898$503,416
Lana Haddad$847,149$1,014,353$952,084$794,810$704,030
Leondro Larrosa$751,122————
Emre Kurtoglu$692,273$480,208$498,950$455,384$402,032
Pere Mir$248,549$187,311$315,467$633,001$527,898
James Macleod$625,754$448,104$478,396$499,232$363,704

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See International Olympic Committee executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes Olympism worldwide and leads the Olympic Movement.

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3 programs · $3.3B · in their own filed words · FY2024
01

Olympic Games Revenue Distribution

In 2024, the ioc provided direct financial support to the paris 2024 organising committee, the national olympic committees (including the united states olympic and paralympic committee) and various international sports federations through the distribution of olympic games revenues.

$2.7Bprogram expense
02

Olympic Marketing Programme Top Revenue Distribution

In 2024, the top revenue distribution gave valuable support to the paris 2024 organising committee, the milano cortina 2026 organising committee, the los angeles 2028 organising committee and the national olympic committees (including the united states olympic and paralympic committee)

$484.3Mprogram expense
03

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.

$170.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 8 grants · $1.1B · 2020–2024
UsopcCO · FY2024$321,188,216
La 2028CA · FY2024$24,154,644
UsopcCO · FY2023$110,005,563
La 2028CA · FY2023$66,859
UsopcCO · FY2022$237,015,493
La 2028CA · FY2022$80,885
UsopcCO · FY2021$299,492,489
UsopcCO · FY2020$88,671,626

By the numbers

The FY2024 990, line by line.

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from philanthropy.org
1The main four
Money inPt VIII
$4.4B
Ln 12
Fees for servicesLn 2g$4.1B
Other incomeLn 4–11$153.7M
Investment incomeLn 3$132.2M
Money outPt IX
$3.4B
Ln 25
Programscol B$3.3B
Managementcol C$71.6M
Owns and owesPt X
$3.6B
net assets · Ln 32
Cash and savingsLn 1–2$3.7B
Total assetsLn 16$4.7B
LiabilitiesLn 26$1.1B
PeoplePt VI, VII
40
listed · VII A
PaidVII A23
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$871K
Fees for servicesLn 2g$4.1B
Investment incomeLn 3$132.2M
Other incomeLn 4–11$153.7M
Gains on assetsLn 7$38.4M
Total revenueLn 12$4.4B
Assets in detailPt X, end of year
CashLn 1$252.9M
SavingsLn 2$3.49B
Cash and savings togetherLn 1–2$3.7B
Land, buildings, equipmentLn 10c$156.8M
Other assetsLn 15$477K
Total assetsLn 16$4.7B
LiabilitiesLn 26$1.1B
Net assetsLn 32$3.6B
OperationsPt I, VI
EmployeesI 5493
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$1.95B
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$3.28B$3.74B
Land, buildings, equipmentLn 10c$161.3M$156.8M
Total assetsLn 16$5.12B$4.74B
LiabilitiesLn 26$2.56B$1.12B
Net assetsLn 32$2.56B$3.61B
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$345.3M$345.3M
Grants and assistance to foreign recipientsLn 3$1.95B$1.95B
Pay of current officers, directors and key staffLn 5$13.0M$5.7M$7.2M
Other salaries and wagesLn 7$95.9M$42.3M$53.6M
Pension plan contributionsLn 8$9.4M$4.2M$5.3M
Investment management feesLn 11f$5.5M$5.5M
Other fees for servicesLn 11g$8.6M$8.6M$0$0
Advertising and promotionLn 12$1.9M$1.9M
TravelLn 17$5.8M$5.8M
Conferences, conventions and meetingsLn 19$6.3M$6.3M
Depreciation, depletion and amortizationLn 22$6.3M$6.3M
Other expenses (24a–d)Ln 24$906.2M$906.2M
All other expensesLn 24e$25.4M$25.4M$0$0
Total functional expensesLn 25$3.38B$3.31B$71.6M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 14, 2025 $4.4B$3.4B$1.0B$3.6B 990 PDF
FY2023Filed with the IRS Nov 6, 2024 $1.0B$919.0M$102.4M$2.6B 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $2.3B$2.0B$262.6M$2.4B 990 PDF
FY2021Filed with the IRS Nov 16, 2022 $4.1B$3.2B$856.8M$2.3B 990 PDF
FY2020Filed with the IRS Nov 16, 2021 $868.3M$788.9M$79.4M$1.5B 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $4,410,516,368 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $557,548$871,246
I-9 Program service revenuePrior year $739,523,827$4,123,748,795
I-10 Investment incomePrior year $128,278,939$132,242,489
I-11 Other revenuePrior year $153,097,722$153,653,838
I-12 Total revenuePrior year $1,021,458,036$4,410,516,368
I-13 Grants and similar amounts paidPrior year $541,709,137$2,295,751,344
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $102,422,949$118,299,664
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $274,915,035$966,116,723
I-18 Total expensesPrior year $919,047,121$3,380,167,731
I-19 Revenue less expensesPrior year $102,410,915$1,030,348,637
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,410,516,368 across 7 lines filed
VIII-1f All other contributions, gifts and grants$871,246
VIII-1h Total contributions, gifts and grants$871,246
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,098,020,540 · Unrelated business $25,728,255$4,123,748,795
VIII-3 Investment incomeExcluded from tax $93,810,239$93,810,239
VIII-7 Net gain or loss on sales of assetsExcluded from tax $38,432,250$38,432,250
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $153,653,838$153,653,838
VIII-12 Total revenueRelated to mission $4,251,674,378 · Unrelated business $25,728,255 · Excluded from tax $132,242,489$4,410,516,368
Part IX · Statement of functional expenses $3,380,167,731 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $345,342,860$345,342,860
IX-3 Grants and assistance to foreign recipientsPrograms $1,950,408,484$1,950,408,484
IX-5 Pay of current officers, directors and key staffPrograms $5,720,363 · Management $7,241,524$12,961,887
IX-7 Other salaries and wagesPrograms $42,327,916 · Management $53,583,776$95,911,692
IX-8 Pension plan contributionsPrograms $4,159,936 · Management $5,266,149$9,426,085
IX-11f Investment management feesManagement $5,499,485$5,499,485
IX-11g Other fees for servicesPrograms $8,647,694 · Management $0 · Fundraising $0$8,647,694
IX-12 Advertising and promotionPrograms $1,936,592$1,936,592
IX-17 TravelPrograms $5,840,757$5,840,757
IX-19 Conferences, conventions and meetingsPrograms $6,296,892$6,296,892
IX-22 Depreciation, depletion and amortizationPrograms $6,290,686$6,290,686
IX-24 Other expenses (24a–d)Programs $906,247,764$906,247,764
IX-24e All other expensesPrograms $25,356,853 · Management $0 · Fundraising $0$25,356,853
IX-25 Total functional expensesPrograms $3,308,576,797 · Management $71,590,934 · Fundraising $0$3,380,167,731
Part X · Balance sheet $4,735,675,750 assets, 20 lines filed
Asset lines not itemized here account for $526,681,529; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $110,555,784$252,855,981
X-2 Savings and temporary cash investmentsStart of year $3,172,084,228$3,491,247,325
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $1,064,238,471$196,890,419
X-9 Prepaid expenses and deferred chargesStart of year $199,149,871$85,330,480
X-10c Land, buildings and equipment, netStart of year $161,326,636$156,766,083
X-14 Intangible assetsStart of year $25,426,580$25,426,580
X-15 Other assetsStart of year $517,850$477,353
X-16 Total assetsStart of year $5,115,127,974$4,735,675,750
X-17 Accounts payable and accrued expensesStart of year $357,885,769$436,413,153
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $2,068,422,168$564,307,772
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $132,479,822$123,717,175
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $2,558,787,759$1,124,438,100
X-27 Net assets without donor restrictionsStart of year $2,056,070,675$2,802,177,112
X-28 Net assets with donor restrictionsStart of year $500,269,540$809,060,538
X-32 Total net assets or fund balancesStart of year $2,556,340,215$3,611,237,650
X-33 Total liabilities and net assetsStart of year $5,115,127,974$4,735,675,750
Part XI · Reconciliation of net assets $3,611,237,650 net assets at year end
XI-1 Total revenue$4,410,516,368
XI-2 Total expenses$3,380,167,731
XI-3 Revenue less expenses$1,030,348,637
XI-4 Net assets at start of year$2,556,340,215
XI-5 Net unrealized gains (losses) on investments$24,548,798
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,611,237,650

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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