EIN 13-1548339

United States Olympic and Paralympic Committee (USOC)

IRS 501(c) type
501(c)(3)
Num. employees
640
Year formed
1950
Most recent tax filings
2023-12-01
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
$242,000,005
2023
Total expenses
$291,637,308
2023
Total assets
$567,163,109
2023
Num. employees
640
2023

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$13,138,004
United States Ski and Snowboard AssociationOlympic/paralympic Support$7,682,505
USA Track & Field (USATF)Olympic/paralympic Support$3,963,868
...and 54 more grants made totalling $73,002,968

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$24,587,502
The United States Olympic and Paralympic EndowmentGeneral Support$11,608,196
...and 35 more grants received totalling $275,545,784

Personnel at USOC

NameTitleCompensation
Sarah HirshlandChief Executive Officer$1,265,593
Sophie GoldschmidtPresident and Chief Executive Officer
Christopher D McClearyGeneral Counsel and Chief Operating Officer , Treasurer$577,615
Kevin E PennChief of Bus Operations$619,710
Brooke McAffeeChief Financial and Administrative Officer
...and 24 more key personnel

Financials for USOC

RevenuesFYE 12/2023
Total grants, contributions, etc.$70,982,304
Program services$6,118,965
Investment income and dividends$10,761,926
Tax-exempt bond proceeds$0
Royalty revenue$147,532,867
Net rental income$211,687
Net gain from sale of non-inventory assets$-221,198
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,613,454
Total revenues$242,000,005

Form 990s for USOC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-18990View PDF
2022-122023-06-23990View PDF
2021-122022-06-28990View PDF
2020-122021-06-24990View PDF
2019-122020-09-29990View PDF
...and 11 more Form 990s
Data update history
August 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 10, 2024
Updated personnel
Identified 9 new personnel
August 10, 2024
Used new vendors
Identified 2 new vendors, including , and
August 10, 2024
Received grants
Identified 6 new grant, including a grant for $24,587,502 from United States Olympic and Paralympic Foundation
May 18, 2024
Received grants
Identified 11 new grant, including a grant for $237,015,493 from International Olympic Committee
Nonprofit Types
Grantmaking organizationsSports competitionsSports organizationsHeadquarter / parent organizationsCharities
Issues
EducationHuman servicesSports
Characteristics
Political advocacyProvides grantsLobbyingOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
1 Olympic Plaza
Colorado Springs, CO 80909
Metro area
Colorado Springs, CO
County
El Paso County, CO
Website URL
usopc.org/ 
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
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
033689
FTB Entity ID
9784888
AB 488 data last updated ("as-of") date
2024-11-06
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