Form 990 for tax year 2024
Filed by LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAM.
Totals
- Total revenue
- $21,426,085
- Total expenses
- $163,746,466
- Contributions and grants received
- $4,000,000
- Grants paid
- $25,383,495
- Program service revenue
- $11,461,815
- Investment income
- $5,829,199
- Other revenue
- $135,071
- Total assets, end of year
- $188,861,169
- Total liabilities, end of year
- $550,867,373
- Net assets or fund balances, end of year
- -$362,006,204
- Program services expenses (Part IX)
- $76,882,666
- Management and general expenses
- $86,863,800
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $76,882,666
Program services were 47.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$4,000,000
-
2a · Program service revenue: HOSPITALITY REVENUE
total $11,325,414 · related or exempt $11,325,414
-
2b · Program service revenue: SPONSORSHIP REVENUE
total $136,401 · related or exempt $136,401
-
3 · Investment income
total $5,829,199 · excluded $5,829,199
-
11a · Other revenue: SHARED SPACE COST RECO
total $85,500 · related or exempt $85,500
-
11b · Other revenue: CAPTIVE REVENUE
total $33,960 · related or exempt $33,960
-
11c · Other revenue: CREDIT CARD REBATES
total $15,611 · related or exempt $15,611
-
11e · Other revenue, total
$135,071
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $25,383,495 · program services $25,383,495
-
5 · Compensation of officers, directors and key employees
total $6,808,016 · program services $2,774,557 · management and general $4,033,459
-
6 · Compensation of disqualified persons
total $3,597,668 · program services $1,406,744 · management and general $2,190,924
-
7 · Other salaries and wages
total $24,270,905 · program services $13,929,066 · management and general $10,341,839
-
9 · Other employee benefits
total $1,635,214 · program services $866,114 · management and general $769,100
-
10 · Payroll taxes
total $1,808,139 · program services $1,030,090 · management and general $778,049
-
11b · Fees: legal
total $2,140,381 · program services $93,086 · management and general $2,047,295
-
11c · Fees: accounting
total $390,747 · management and general $390,747
-
11d · Fees: lobbying
total $457,193 · program services $457,193
-
11g · Fees: other
total $14,265,711 · program services $6,084,593 · management and general $8,181,118
-
12 · Advertising and promotion
total $19,057,788 · program services $18,940,829 · management and general $116,959
-
13 · Office expenses
total $493,932 · program services $151,945 · management and general $341,987
-
14 · Information technology
total $51,798,798 · program services $119,870 · management and general $51,678,928
-
16 · Occupancy
total $4,344,988 · program services $2,113,567 · management and general $2,231,421
-
17 · Travel
total $3,056,492 · program services $1,341,272 · management and general $1,715,220
-
22 · Depreciation, depletion and amortization
total $391,327 · program services $18,370 · management and general $372,957
-
23 · Insurance
total $1,660,412 · management and general $1,660,412
-
24a · Other expenses: RIGHTS PAYMENTS
total $2,171,875 · program services $2,171,875
-
24b · Other expenses: LOSS ON CURRENCY REVALU
total $13,385 · management and general $13,385
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $73,349,615 · end of year $117,026,642
-
4 · Accounts receivable
beginning of year $16,716,461 · end of year $18,207,892
-
9 · Prepaid expenses and deferred charges
beginning of year $37,795,812 · end of year $42,280,285
-
10a · Land, buildings and equipment: cost or other basis
$3,603,617
-
10b · Land, buildings and equipment: accumulated depreciation
$2,355,808
-
10c · Land, buildings and equipment, net
beginning of year $1,639,135 · end of year $1,247,809
-
13 · Investments: program-related
end of year $251,000
-
15 · Other assets
beginning of year $12,205,883 · end of year $9,847,541
-
17 · Accounts payable and accrued expenses
beginning of year $6,902,689 · end of year $21,704,359
-
19 · Deferred revenue
beginning of year $280,797,540 · end of year $431,376,368
-
25 · Other liabilities
beginning of year $73,692,500 · end of year $97,786,646
-
27 · Net assets without donor restrictions
beginning of year -$219,685,823 · end of year -$362,006,204
Mission and programs · 2024
Mission
THE ORGANIZATION AIMS TO BENEFIT THE RESIDENTS OF THE UNITED STATES THROUGH THE PLANNING, PROMOTION AND STAGING OF THE XXXIV OLYMPIAD AND THE XVIII PARALYMPIC GAMES.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $51,499,171 · Revenue $11,596,886
-
THE ORGANIZATION WILL FUND UP TO $160 MILLION IN YOUTH SPORTS IN THE CITY OF LOS ANGELES TO MAKE SPORTS MORE ACCESSIBLE AND AFFORDABLE TO MORE YOUNG LOS ANGELENOS LEADING UP TO THE GAMES IN 2028, BEGINNING THE LEGACY OF THE 2028 OLYMPIC AND PARALYMPIC GAMES.
Expenses $25,383,495 · Grants $25,383,495
As filed on the 2024 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Janet B EvansJANET B EVANS
CHIEF ATHLETE OFFICER
- Total calculated
- $738,062
- From this org
- $704,441
- From related orgs
- $0
- Other
- $33,621
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $450,409
- Bonus
- $251,528
- Other
- $2,504
- Deferred
- $0
- Nontaxable benefits
- $33,621
- Filer's total
- $738,062
-
Casey WassermanCASEY WASSERMAN
CHAIRPERSON/PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Alison ResslerALISON RESSLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Andy CampionANDY CAMPION
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Anita De FrantzANITA DE FRANTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Ann PhilbinANN PHILBIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Beatriz AcevedoBEATRIZ ACEVEDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Dana SmithDANA SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
David HaggertyDAVID HAGGERTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Elaine ChaoELAINE CHAO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Gene SykesGENE SYKES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.1 related
-
Jamie LeeJAMIE LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jeanie BussJEANIE BUSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jeffrey KatzenbergJEFFREY KATZENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jessica AlbaJESSICA ALBA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jose E FelicianoJOSE E FELICIANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Katie LedeckyKATIE LEDECKY
DIRECTOR (END 12/31/24)
- Total calculated
- $0
- Hours/week
- 0.1
-
Lex GilletteLEX GILLETTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Marc SternMARC STERN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Mark AttanasioMARK ATTANASIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Mark TatumMARK TATUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Matt JohnsonMATT JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Megan SmithMEGAN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Mellody HobsonMELLODY HOBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Michael JohnsonMICHAEL JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Muffy DavisMUFFY DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Pete RodriguezPETE RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Sarah HirshlandSARAH HIRSHLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.1 related
-
Stuart WaldmanSTUART WALDMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Yvonne WheelerYVONNE WHEELER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
John SlusherJOHN SLUSHER
CHIEF EXECUTIVE OFFICER (USOPP)
- Total calculated
- $935,726
- From this org
- $0
- From related orgs
- $933,769
- Other
- $1,957
- Hours/week
- 0.1 + 39.9 related
Schedule J breakdown matched by us
- Base
- $0 + $33,654 related
- Bonus
- $0 + $900,000 related
- Other
- $0 + $115 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $1,957 related
- Filer's total
- $0 + $935,726 related
-
Tanja OlanoTANJA OLANO
CHIEF LGL/PPL/COMP OFF (END 9/24)
- Total calculated
- $889,232
- From this org
- $876,400
- From related orgs
- $0
- Other
- $12,832
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $474,121
- Bonus
- $400,850
- Other
- $1,429
- Deferred
- $0
- Nontaxable benefits
- $12,832
- Filer's total
- $889,232
-
Karen SturgesKAREN STURGES
CHIEF FINANCIAL OFFICER
- Total calculated
- $776,787
- From this org
- $741,670
- From related orgs
- $0
- Other
- $35,117
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $463,793
- Bonus
- $274,450
- Other
- $3,427
- Deferred
- $0
- Nontaxable benefits
- $35,117
- Filer's total
- $776,787
-
John M HarperJOHN M HARPER
CHIEF OPERATING OFFICER
- Total calculated
- $770,047
- From this org
- $736,634
- From related orgs
- $0
- Other
- $33,413
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $477,499
- Bonus
- $256,631
- Other
- $2,504
- Deferred
- $0
- Nontaxable benefits
- $33,413
- Filer's total
- $770,047
-
Daniel KoblinDANIEL KOBLIN
CHIEF OPERATING OFFICER (USOPP)
- Total calculated
- $763,107
- From this org
- $0
- From related orgs
- $725,092
- Other
- $38,015
- Hours/week
- 0.1 + 39.9 related
Schedule J breakdown matched by us
- Base
- $0 + $469,468 related
- Bonus
- $0 + $254,181 related
- Other
- $0 + $1,443 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $38,015 related
- Filer's total
- $0 + $763,107 related
-
David MichaelDAVID MICHAEL
CHIEF INFORMATION OFFICER
- Total calculated
- $752,528
- From this org
- $728,881
- From related orgs
- $0
- Other
- $23,647
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $470,851
- Bonus
- $254,603
- Other
- $3,427
- Deferred
- $0
- Nontaxable benefits
- $23,647
- Filer's total
- $752,528
-
Christopher PepeCHRISTOPHER PEPE
CHF COMMERCIAL OFF(USOPP)(END 12/24)
- Total calculated
- $694,184
- From this org
- $0
- From related orgs
- $690,210
- Other
- $3,974
- Hours/week
- 0.1 + 39.9 related
Schedule J breakdown matched by us
- Base
- $0 + $518,487 related
- Bonus
- $0 + $170,454 related
- Other
- $0 + $1,269 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $3,974 related
- Filer's total
- $0 + $694,184 related
-
Amy GleesonAMY GLEESON
CHIEF MARKETING OFFICER
- Total calculated
- $666,755
- From this org
- $632,424
- From related orgs
- $0
- Other
- $34,331
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $394,913
- Bonus
- $235,443
- Other
- $2,068
- Deferred
- $0
- Nontaxable benefits
- $34,331
- Filer's total
- $666,755
-
Michelle SchwartzMICHELLE SCHWARTZ
CHF EXTERNAL AFFAIRS OFF (END 07/24)
- Total calculated
- $599,693
- From this org
- $593,254
- From related orgs
- $0
- Other
- $6,439
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $453,711
- Bonus
- $138,375
- Other
- $1,168
- Deferred
- $0
- Nontaxable benefits
- $6,439
- Filer's total
- $599,693
-
Elisabeth FreinbergELISABETH FREINBERG
CHIEF LEGAL OFFICER & SECRETARY
- Total calculated
- $552,595
- From this org
- $513,943
- From related orgs
- $0
- Other
- $38,652
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $319,173
- Bonus
- $193,000
- Other
- $1,770
- Deferred
- $0
- Nontaxable benefits
- $38,652
- Filer's total
- $552,595
-
Reynold HooverREYNOLD HOOVER
CHIEF EXECUTIVE OFFICER (LA28)
- Total calculated
- $487,379
- From this org
- $481,831
- From related orgs
- $0
- Other
- $5,548
- Hours/week
- 39.9 + 0.1 related
Schedule J breakdown matched by us
- Base
- $474,519
- Bonus
- $0
- Other
- $7,312
- Deferred
- $0
- Nontaxable benefits
- $5,548
- Filer's total
- $487,379
-
Aaron LowensteinAARON LOWENSTEIN
VP, DEPUTY GENERAL COUNSEL
- Total calculated
- $260,385
- From this org
- $238,168
- From related orgs
- $0
- Other
- $22,217
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $221,221
- Bonus
- $15,190
- Other
- $1,757
- Deferred
- $0
- Nontaxable benefits
- $22,217
- Filer's total
- $260,385
-
Maureen HarperMAUREEN HARPER
SVP, HUMAN RESOURCES (END 03/24)
- Total calculated
- $148,295
- From this org
- $139,728
- From related orgs
- $0
- Other
- $8,567
- Hours/week
- 20 + 20 related
-
Kristina GuillenKRISTINA GUILLEN
SVP, HUMAN RESOURCES (END 09/24)
- Total calculated
- $99,857
- From this org
- $95,289
- From related orgs
- $0
- Other
- $4,568
- Hours/week
- 20 + 20 related
-
Tami MajerTAMI MAJER
CHIEF PEOPLE OFFICER
- Total calculated
- $66,402
- From this org
- $62,814
- From related orgs
- $0
- Other
- $3,588
- Hours/week
- 20 + 20 related
-
Allison Katz-MayfieldALLISON KATZ-MAYFIELD
SVP, GAMES DELIVERY REVENUE
- Total calculated
- $504,644
- From this org
- $488,313
- From related orgs
- $0
- Other
- $16,331
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $296,702
- Bonus
- $189,900
- Other
- $1,711
- Deferred
- $0
- Nontaxable benefits
- $16,331
- Filer's total
- $504,644
-
Michael ButkovicMICHAEL BUTKOVIC
SVP, FINANCIAL PLANNING
- Total calculated
- $464,670
- From this org
- $441,313
- From related orgs
- $0
- Other
- $23,357
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $296,423
- Bonus
- $143,000
- Other
- $1,890
- Deferred
- $0
- Nontaxable benefits
- $23,357
- Filer's total
- $464,670
-
Ric EdwardsRIC EDWARDS
VP, EXECUTIVE DESIGN DIRECTOR
- Total calculated
- $381,699
- From this org
- $343,421
- From related orgs
- $0
- Other
- $38,278
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $265,586
- Bonus
- $76,000
- Other
- $1,835
- Deferred
- $0
- Nontaxable benefits
- $38,278
- Filer's total
- $381,699
-
Wes GavinsWES GAVINS
HEAD OF CYBERSECURITY
- Total calculated
- $362,470
- From this org
- $356,899
- From related orgs
- $0
- Other
- $5,571
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $280,341
- Bonus
- $74,472
- Other
- $2,086
- Deferred
- $0
- Nontaxable benefits
- $5,571
- Filer's total
- $362,470
-
Priscilla ChengPRISCILLA CHENG
SVP, GOVERNMENT RELATIONS
- Total calculated
- $360,710
- From this org
- $343,466
- From related orgs
- $0
- Other
- $17,244
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $295,698
- Bonus
- $46,058
- Other
- $1,710
- Deferred
- $0
- Nontaxable benefits
- $17,244
- Filer's total
- $360,710
-
Kathryn CarterKATHRYN CARTER
FORMER CHIEF EXECUTIVE OFFICER
- Total calculated
- $1,950,000
- From this org
- $1,950,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $100,000
- Other
- $1,850,000
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $1,950,000
-
Brian LafeminaBRIAN LAFEMINA
FORMER CHIEF BUSINESS OFFICER
- Total calculated
- $1,052,531
- From this org
- $1,052,531
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $743,531
- Bonus
- $0
- Other
- $309,000
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $1,052,531
-
Patricia FeauPATRICIA FEAU
VP, CITY RELATIONS & FRMR SECRETARY
- Total calculated
- $354,213
- From this org
- $316,063
- From related orgs
- $0
- Other
- $38,150
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $242,730
- Bonus
- $71,353
- Other
- $1,980
- Deferred
- $0
- Nontaxable benefits
- $38,150
- Filer's total
- $354,213
-
Anna SchmitzANNA SCHMITZ
SR. MANAGER, RISK & FORMER SECRETARY
- Total calculated
- $240,923
- From this org
- $212,900
- From related orgs
- $0
- Other
- $28,023
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $191,771
- Bonus
- $19,514
- Other
- $1,615
- Deferred
- $0
- Nontaxable benefits
- $28,023
- Filer's total
- $240,923
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · First-class or charter travel
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- FIRST-CLASS TRAVEL WAS PROVIDED TO FOUR OFFICERS, WHICH WAS NOT TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUALS. HOUSING ALLOWANCES WERE PROVIDED TO TWO OFFICERS, WHICH WERE TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUALS.
- PART I, LINE 4A
- THE ENTIRE AMOUNT LISTED IN COLUMN (B)(III) TO KATHRYN CARTER AND BRIAN LAFEMINA WERE MADE BY THE LOS ANGELES ORGANIZING COMMITTEE OF THE OLYMPIC AND PARALYMPIC GAMES 2028 PURSUANT TO THE TERMS OF A MUTUALLY AGREED UPON SEPARATION AGREEMENT.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
CITY OF LOS ANGELES DEPARTMENT OF RECREATION AND PARKS
$25,087,881
ADVANCE ORGANIZATION'S MISSION BY FUNDING YOUTH SPORT PARTNERSHIP TO MAKE SPORT MORE ACCESSIBLE AND AFFORDABLE TO MORE YOUNG LOS ANGELINOS LEADING UP TO THE GAMES IN 2028.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
UNITED STATES OLYMPIC AND PARALYMPIC PROPERTIES LLC
501(C)(3) · FUNDRAISING · CA · controlled entity
Directly controlled by LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAMES 2028
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
AMPHOREIS AGONOS LLC
INSURING AND REINSURING BUSINESS ACTIVITIES · VT · income $33,960 · assets $413,008
Directly controlled by LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAMES 2028
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533139349301308
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.