Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $78,477,366

• 1f · All other contributions, gifts and grants

  $28,571,420

• 1g · Noncash contributions included above

  $53,533

• 2a · Program service revenue: ATHLETE EXCELLENCE

  total $2,078,533 · related or exempt $2,078,533

• 2b · Program service revenue: COMMUNITY GROWTH

  total $1,430,000 · related or exempt $1,430,000

• 2c · Program service revenue: SPORT ADVANCEMENT

  total $1,246,275 · related or exempt $1,246,275

• 3 · Investment income

  total $16,190,703 · unrelated business $2,788,140 · excluded $13,402,563

• 5 · Royalties

  total $126,898,602 · unrelated business $634,464 · excluded $126,264,138

• 6a · Gross rents

  real property $229,766

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $229,766

• 6d · Net rental income or loss

  total $229,766 · excluded $229,766

• 11a · Other revenue: MANAGEMENT FEES

  total $8,818,630 · excluded $8,818,630

• 11b · Other revenue: MISCELLANEOUS REVENUE

  total $383,449 · excluded $383,449

• 11e · Other revenue, total

  $9,202,079

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $85,560,300 · program services $85,560,300

• 2 · Grants to domestic individuals

  total $43,352,261 · program services $43,352,261

• 5 · Compensation of officers, directors and key employees

  total $3,813,400 · program services $930,292 · management and general $2,353,092 · fundraising $530,016

• 7 · Other salaries and wages

  total $58,979,753 · program services $35,782,318 · management and general $17,278,545 · fundraising $5,918,890

• 8 · Pension plan contributions

  total $4,426,970 · program services $1,539,204 · management and general $2,624,452 · fundraising $263,314

• 9 · Other employee benefits

  total $5,976,544 · program services $4,312,336 · management and general $924,912 · fundraising $739,296

• 10 · Payroll taxes

  total $4,309,177 · program services $2,536,838 · management and general $1,382,847 · fundraising $389,492

• 11b · Fees: legal

  total $3,914,081 · program services $584,883 · management and general $3,329,198

• 11c · Fees: accounting

  total $420,879 · management and general $420,879

• 11d · Fees: lobbying

  total $162,000 · management and general $162,000

• 11g · Fees: other

  total $16,258,635 · program services $10,747,337 · management and general $5,511,298

• 12 · Advertising and promotion

  total $631,452 · program services $628,918 · management and general $2,534

• 13 · Office expenses

  total $2,326,889 · program services $1,607,590 · management and general $719,299

• 14 · Information technology

  total $7,961,498 · program services $2,279,283 · management and general $5,682,215

• 16 · Occupancy

  total $5,966,033 · program services $3,327,158 · management and general $2,638,875

• 17 · Travel

  total $7,355,888 · program services $6,493,705 · management and general $862,183

• 19 · Conferences, conventions and meetings

  total $374,703 · program services $244,106 · management and general $130,597

• 22 · Depreciation, depletion and amortization

  total $6,558,539 · program services $3,013,131 · management and general $3,545,408

• 23 · Insurance

  total $4,310,464 · program services $1,983 · management and general $4,308,481

• 24a · Other expenses: ANTI-DOPING & SAFESPORT

  total $23,964,699 · program services $23,964,699

• 24b · Other expenses: OUTSIDE SERVICES

  total $10,514,101 · program services $7,591,287 · management and general $2,922,814

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $2,702,006 · program services $455,868 · management and general $2,246,138

• 24d · Other expenses: GAMES EXPENSE

  total $834,802 · program services $816,962 · management and general $17,840

• 24e · All other expenses

  total $12,455,300 · program services $35,061,785 · management and general -$22,606,485

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $186,614,399 · end of year $120,165,604

• 3 · Pledges and grants receivable

  beginning of year $32,270,036 · end of year $37,825,098

• 4 · Accounts receivable

  beginning of year $25,808,303 · end of year $16,040,860

• 7 · Other notes and loans receivable

  beginning of year $7,168,960 · end of year $7,168,961

• 8 · Inventories for sale or use

  beginning of year $2,244,583 · end of year $1,472,847

• 9 · Prepaid expenses and deferred charges

  beginning of year $11,957,359 · end of year $29,636,413

• 10a · Land, buildings and equipment: cost or other basis

  $193,473,086

• 10b · Land, buildings and equipment: accumulated depreciation

  $148,085,929

• 10c · Land, buildings and equipment, net

  beginning of year $47,737,933 · end of year $45,387,157

• 11 · Investments: publicly traded securities

  beginning of year $280,127,094 · end of year $357,942,081

• 12 · Investments: other securities

  beginning of year $3,450,897 · end of year $3,462,026

• 15 · Other assets

  beginning of year $4,789,944 · end of year $4,123,548

• 17 · Accounts payable and accrued expenses

  beginning of year $36,708,135 · end of year $33,726,626

• 19 · Deferred revenue

  beginning of year $19,072,974 · end of year $24,348,940

• 21 · Escrow or custodial account liability

  beginning of year $23,498,250 · end of year $81,408,750

• 23 · Secured mortgages and notes payable

  beginning of year $132,031,676 · end of year $132,168,809

• 25 · Other liabilities

  beginning of year $5,216,190 · end of year $4,194,472

• 27 · Net assets without donor restrictions

  beginning of year $342,779,921 · end of year $292,999,305

• 28 · Net assets with donor restrictions

  beginning of year $42,862,362 · end of year $54,377,693

The filer's explanations (Part III)

PART I, LINE 1A

TRAVEL FOR COMPANIONS VICE PRESIDENTS AND ABOVE MAY FLY BUSINESS CLASS AT THEIR DISCRETION ON FLIGHTS WITH SEGMENTS OF FIVE HOURS OR MORE IN DURATION. THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (USOPC) DETERMINED THAT IS SOMETIMES BENEFICIAL FOR THE CEO AND BOARD MEMBERS TO HAVE GUESTS ACCOMPANY THEM TO PARTICULAR EVENTS, SUCH AS THE OLYMPIC AND PARALYMPIC GAMES. IN SUCH CASES, THOSE EXPENSES CAN BE PAID BY THE USOPC AND THE COSTS ASSOCIATED WITH THE GUESTS' TRAVEL ARE EVALUATED FOR BUSINESS PURPOSE. THOSE DETERMINED NOT TO BE NECESSARY BUSINESS EXPENSES ARE REPORTED TO THE CEO AND BOARD MEMBERS AS TAXABLE WAGES OR NON-EMPLOYEE COMPENSATION ON EITHER FORM W-2 OR 1099-MISC. IN 2025 ONE OFFICER HAD COMPANION TRAVEL THAT WAS NOT INCLUDED IN TAXABLE WAGES DUE TO BONA FIDE BUSINESS REASON.

PART I, LINE 7:

NONFIXED PAYMENTS AT-RISK BONUS COMPENSATION IS CALCULATED BASED UPON ORGANIZATIONAL ACHIEVEMENT OF ANNUAL STRATEGIC PRIORITIES AND INDIVIDUAL GOAL ACHIEVEMENT DEPENDING ON THE EMPLOYEE'S ROLE. THE COMPENSATION COMMITTEE OF THE USOPC'S BOARD OF DIRECTORS DETERMINES THE ANNUAL ORGANIZATIONAL ACHIEVEMENT PERCENTAGE BY ASSESSING THE ORGANIZATION'S PERFORMANCE AGAINST THAT YEAR'S ANNUAL STRATEGIC PRIORITIES. TWO OF THOSE GOALS ARE MEETING THE BOARD-APPROVED ANNUAL BUDGET AND A U.S. OLYMPIC & PARALYMPIC FOUNDATION FUNDRAISING GOAL.