THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE UNITED STATES OLYMPIC AND PARALYMPIC ENDOWMENT (EIN 74-2327838)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-10
- IRS object ID
- 202543149349305479
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-10T15:44:43-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 332621854 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRI CAPIN CROUSE ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 MASSACHUSETTS AVE STE 300 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742327838 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNITED STATES OLYMPIC AND PARALYMPIC | BusinessNameLine1Txt |
| Business Name Line2 | ENDOWMENT | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIT | BusinessNameControlTxt |
| Phone | 7196333234 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1631 MESA AVENUE SUITE A | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80906 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALEJANDRO LUGO | PersonNm |
| Person Title | EXECUTIVE VP/COO | PersonTitleTxt |
| Phone | 7196333234 | PhoneNum |
| Signature | 2025-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ASHLEY PEABODY | PreparerPersonNm |
| PTIN | P01385870 | PTIN |
| Phone | 5055022746 | PhoneNum |
| Preparation | 2025-11-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALEJANDRO LUGO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1631 MESA AVENUE SUITE A | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80906 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $16,877,208 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.USOPE84.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE FINANCIAL SUPPORT TO THE US OLYMPIC AND PARALYMPIC COMMITTEE AND ITS MEMBER ORGANIZATIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | -$336,945 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $8,850 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,843 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,771,772 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,867,501 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $5,780,622 | PYTotalRevenueAmt |
| CY Total Revenue | $10,872,344 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $11,962,839 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,847,204 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $297,132 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $279,206 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,102,355 | PYOtherExpensesAmt |
| CY Other Expenses | $1,190,075 | CYOtherExpensesAmt |
| PY Total Expenses | $13,362,326 | PYTotalExpensesAmt |
| CY Total Expenses | $13,316,485 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$7,581,704 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,444,141 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $678,220,757 | TotalAssetsBOYAmt |
| Total Assets EOY | $702,367,979 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $448,995,622 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $459,005,848 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $229,225,135 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $243,362,131 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ENDOWMENT PROVIDES A PERMANENT ENDOWMENT TO FOSTER THE UNITED STATES OF AMERICA'S PARTICIPATION IN NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION. THIS IS DONE THROUGH DIRECT SUPPORT OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE THAT, IN TURN, REGULATES AND SUPPORTS MEMBER SPORTS ORGANIZATIONS THAT DEVELOP AMATEUR ATHLETES FOR NATIONAL AND INTERNATIONAL COMPETITION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $11,847,204 | ExpenseAmt |
| Grant | $11,847,204 | GrantAmt |
| Desc | THE ENDOWMENT BOARD OF DIRECTORS AUTHORIZED A GRANT TO THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE IN DECEMBER 2024 IN THE AMOUNT OF $11,847,204. IN ADDITION TO SUPPORTING THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (COMMITTEE), THE ENDOWMENT PROVIDES SUPPORT TO SECTION 501(C)(3) PUBLIC CHARITY SPORTS ORGANIZATIONS THAT ARE MEMBERS OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE AND HOLDS AND INVESTS THEIR FUNDS SOLELY AS AGENT IN FURTHERANCE OF THE ENDOWMENT'S SUPPORT TO THE COMMITTEE. | Desc |
| Total Program Service Expenses | $11,847,204 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEJANDRO LUGO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7196333234 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1631 MESA AVENUE | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80906 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| SARAH HIRSHLAND | |||||||
| USOPC CEO | 1.00 | 54.00 | Yes (X) | $0 | $1,252,480 | $39,118 | |
| WILLIAM J HYBL | |||||||
| CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| RICH BENDER | |||||||
| VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| RICHARD SCHLOSBERG | |||||||
| TREASURER (PART YEAR) | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| SUSANNE LYONS | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| AMANDA BANTA | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| GENE T SYKES | |||||||
| USOPC BOARD CHAIR | 1.00 | 24.00 | Yes (X) | $0 | $0 | $0 | |
| CARISSA GORDON-GUMP | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GABRIEL GARDNER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF BUTLER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICK KELLEHER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| R THAYER TUTT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN A MACCOLL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEJANDRO LUGO | |||||||
| EVP/COO | 32.00 | $136,555 | $0 | $13,656 | Yes (X) | ||
| DANA KUHLMAN | |||||||
| EXEC. ADMIN./ASST. SECRETARY | 40.00 | $66,767 | $0 | $6,666 | Yes (X) | ||
| KAREN KNAPP | |||||||
| EXEC. ADMIN./ASST. SECRETARY | 40.00 | $18,700 | $0 | $1,870 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $222,022 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,252,480 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $61,310 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM BLAIR | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 NORTH RIVERSIDE PLAZA | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | INVESTMENT MANAGEMENT | ServicesDesc |
| Compensation | $152,725 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $4,843 | AllOtherContributionsAmt |
| Total Contributions | $4,843 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,302,670 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$336,945 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,639,615 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,569,695 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,004,864 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,564,831 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,564,831 | TotalRevenueColumnAmt |
| Exclusion | $7,564,831 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,872,344 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$336,945 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,204,446 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,847,204 | TotalAmt |
| Program Services | $11,847,204 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,578 | TotalAmt |
| Management And General | $246,578 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,925 | TotalAmt |
| Management And General | $4,925 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,528 | TotalAmt |
| Management And General | $10,528 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,175 | TotalAmt |
| Management And General | $17,175 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,493 | TotalAmt |
| Management And General | $21,493 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,375 | TotalAmt |
| Management And General | $62,375 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $929,170 | TotalAmt |
| Management And General | $929,170 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,379 | TotalAmt |
| Management And General | $5,379 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,265 | TotalAmt |
| Management And General | $12,265 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,423 | TotalAmt |
| Management And General | $30,423 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,752 | TotalAmt |
| Management And General | $91,752 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,190 | TotalAmt |
| Management And General | $5,190 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,441 | TotalAmt |
| Management And General | $30,441 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UBIT | Desc |
| Total | $1,587 | TotalAmt |
| Management And General | $1,587 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,316,485 | TotalAmt |
| Program Services | $11,847,204 | ProgramServicesAmt |
| Management And General | $1,469,281 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,235 | BOYAmt |
| EOY | $158,722 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,061 | BOYAmt |
| EOY | $17,776 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $27,498 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $18,464 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,224 | BOYAmt |
| EOY | $9,034 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $253,847,833 | BOYAmt |
| EOY | $325,473,815 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $422,930,451 | BOYAmt |
| EOY | $375,244,839 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,357,953 | BOYAmt |
| EOY | $1,463,793 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $678,220,757 | BOYAmt |
| EOY | $702,367,979 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,924 | BOYAmt |
| EOY | $187,857 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,962,839 | BOYAmt |
| EOY | $11,847,204 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $436,646,349 | BOYAmt |
| EOY | $446,708,435 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,510 | BOYAmt |
| EOY | $262,352 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $448,995,622 | BOYAmt |
| EOY | $459,005,848 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $229,225,135 | BOYAmt |
| EOY | $243,362,131 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $229,225,135 | BOYAmt |
| EOY | $243,362,131 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $678,220,757 | BOYAmt |
| EOY | $702,367,979 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,444,141 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $16,581,137 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131548339 | EIN |
| Organization Type | 7 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $11,847,204 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $11,847,204 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | Yes (1) | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART IV, SECTION B, LINE 1 | SIX MEMBERS ARE APPOINTED AS DIRECTORS BY THE USOPC (SUPPORTED ORGANIZATION). IN ADDITION, THE CEO AND THE CHAIR OF THE USOPC SERVE AS DIRECTORS. THE USOPC CAN DISSOLVE THE USOPE UPON THE APPROVAL OF TWO-THIRDS OF THE VOTES CAST AT TWO SUCCESSIVE REGULARLY CALLED MEETINGS OF THE USOPC BOARD OF DIRECTORS AT WHICH A QUORUM IS PRESENT. |
| SCHEDULE A, PART IV, SECTION B, LINE 2 | IN ADDITION TO SUPPORTING THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE ("COMMITTEE"), THE ENDOWMENT PROVIDES SUPPORT TO SECTION 501(C)(3) PUBLIC CHARITY SPORTS ORGANIZATIONS THAT ARE MEMBERS OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE AND HOLDS AND INVEST THEIR FUNDS SOLELY AS AGENT IN FURTHERANCE OF THE ENDOWMENT'S SUPPORT TO THE COMMITTEE. |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $112,787,300 | BeginningYearBalanceAmt |
| Contributions | $4,843 | ContributionsAmt |
| Investment Earnings Or Losses | $12,291,097 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $12,291,097 | OtherExpendituresAmt |
| End Year Balance | $112,792,143 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $112,778,450 | BeginningYearBalanceAmt |
| Contributions | -$12,935,787 | ContributionsAmt |
| Investment Earnings Or Losses | $12,944,637 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $112,787,300 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $112,775,854 | BeginningYearBalanceAmt |
| Contributions | $15,562,620 | ContributionsAmt |
| Investment Earnings Or Losses | -$15,560,024 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $112,778,450 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $112,775,238 | BeginningYearBalanceAmt |
| Contributions | $616 | ContributionsAmt |
| Investment Earnings Or Losses | $20,497,554 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $20,497,554 | OtherExpendituresAmt |
| End Year Balance | $112,775,854 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $112,774,720 | BeginningYearBalanceAmt |
| Contributions | $518 | ContributionsAmt |
| Investment Earnings Or Losses | $19,185,466 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $19,185,466 | OtherExpendituresAmt |
| End Year Balance | $112,775,238 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,044 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,041 | DepreciationAmt |
| Book Value | $5,003 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,454 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,423 | DepreciationAmt |
| Book Value | $4,031 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,034 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| LIMITED PARTNERSHIPS | $89,733,220 | F |
| REAL ESTATE FUND | $20,030,100 | F |
| PRIVATE EQUITY FUND | $61,967,533 | F |
| OTHER ALTERNATIVE INVESTMENTS | $30,940,876 | F |
| U.S. TREASURIES | $142,633,354 | F |
| CORPORATE BONDS | $29,939,756 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $375,244,839 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT SECURITIES PAYABLE | Desc |
| Amt | $262,352 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $262,352 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $26,538,538 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $16,581,137 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $14,227 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $16,595,364 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,943,174 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $929,170 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $929,170 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $10,872,344 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $12,401,542 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $14,227 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $14,227 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,387,315 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $929,170 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $929,170 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $13,316,485 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE ENDOWMENT HAS AN INVESTMENT PROGRAM, WHICH ALLOWS THE COMMITTEE AND ITS MEMBERS AND AFFILIATED SPORTS ORGANIZATIONS (THE PARTICIPANTS) TO POOL THEIR FUNDS FOR INVESTMENT WITH FUNDS OF THE ENDOWMENT. THE ENDOWMENT HOLDS THESE FUNDS SOLELY AS AGENT FOR THE PARTICIPANTS. THE PARTICIPANTS MAY REQUEST PARTIAL WITHDRAWALS (INCLUDING ALLOCATED GAINS AND INTEREST ONCE ALLOCATIONS ARE APPROVED) FOLLOWING A 30-DAY NOTIFICATION PERIOD. FULL OR LIQUIDATING WITHDRAWALS MAY BE PROCESSED FOLLOWING A 90-DAY NOTIFICATION PERIOD. |
| PART V, LINE 4: | THE ORGANIZATION'S ARTICLES OF INCORPORATION ESTABLISH A PERMANENT ENDOWMENT IN WHICH THE PRINCIPAL AND ANY SUBSEQUENT CONTRIBUTIONS ARE RESTRICTED AND MAINTAINED IN PERPETUITY; ONLY EARNINGS MAY BE USED TO SUPPORT OPERATIONS. FUNDS THAT THE ENDOWMENT HOLDS SOLELY AS AGENT FOR THE BENEFIT OF SPORTS ORGANIZATIONS CAN BE USED ONLY BY THOSE ORGANIZATIONS IN ACCORDANCE WITH THEIR SPENDING POLICIES. THE ENDOWMENT HAS NO CONTROL OR AUTHORITY OVER THESE FUNDS ONCE DISTRIBUTED TO THE SPORTS ORGANIZATIONS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $13,041,169 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $13,041,169 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $13,041,169 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3: | FormAndLineReferenceDesc |
| Explanation | FOREIGN EXPENDITURES ARE ACCOUNTED FOR USING THE ACCRUAL METHOD OF ACCOUNTING. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 OLYMPIC PLAZA | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80909 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 131548339 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $11,847,204 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | GENERAL SUPPORT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS ARE MADE TO THE SUPPORTED ORGANIZATION - THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE - AND THEY ARE PERMITTED TO USE THE GRANT IN ANY MANNER AS NEEDED THAT SUPPORTS THEIR CHARITABLE PURPOSE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SARAH HIRSHLAND | ||||||||||||||
| USOPC CEO | $0 | $802,770 | $0 | $425,000 | $0 | $24,710 | $0 | $17,250 | $0 | $21,868 | $0 | $1,291,598 | $0 | $0 |
| ALEJANDRO LUGO | ||||||||||||||
| EVP/COO | $120,750 | $0 | $15,000 | $0 | $805 | $0 | $13,656 | $0 | $0 | $0 | $150,211 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE BOARD MADE NON-FIXED PAYMENTS TO OFFICERS EMPLOYED BY USOPE IN THE FORM OF DISCRETIONARY BONUSES. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | SARAH HIRSHLAND, CEO - USOPC AND GENE SYKES, BOARD CHAIR - USOPC HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE'S (USOPC) BOARD CHAIR AND CHIEF EXECUTIVE OFFICER ARE AUTOMATICALLY ON THE ENDOWMENT'S BOARD. IN ADDITION, SIX OTHER MEMBERS ARE APPOINTED AS DIRECTORS BY THE USOPC (SUPPORTED ORGANIZATION) VIA THE FOLLOWING METHODOLOGY: TWO BOARD MEMBERS ARE APPOINTED BY THE USOPC'S NATIONAL GOVERNING BODIES COUNCIL (NGBC), THREE BOARD MEMBERS ARE APPOINTED BY THE USOPC'S TEAM USA ATHLETES' COMMISSION, AND ONE BOARD MEMBER IS APPOINTED JOINTLY BY USOPC'S TEAM USA ATHLETES' COMMISSION AND USOPC'S US OLYMPIANS & PARALYMPIANS ASSOCIATION (USOPA). |
| FORM 990, PART VI, SECTION A, LINE 7B | THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE'S (USOPC) BOARD MUST APPROVE AMENDMENTS TO THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BYLAWS. DISSOLUTION OF USOPE LIKEWISE REQUIRES APPROVAL OF TWO-THIRDS OF THE VOTES CAST AT TWO SUCCESSIVE REGULARLY CALLED MEETINGS OF USOPC AT WHICH A QUORUM IS PRESENT OR UNANIMOUS WRITTEN CONSENT OF BOTH THE USOPE BOARD OF DIRECTORS AND USOPC BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY A INDEPENDENT CPA FIRM, REVIEWED INITIALLY BY THE ORGANIZATION'S EXECUTIVE VICE PRESIDENT/CHIEF OPERATING OFFICER, AND THEN DISTRIBUTED AND REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE A CONFLICT-OF INTEREST DISCLOSURE ON AN ANNUAL BASIS. THE EXECUTIVE VP/COO AND ASSISTANT SECRETARY REVIEW THE DISCLOSURES TO IDENTIFY ANY WITH CONFLICTS FOR BOARD REVIEW. IN THE EVENT A CONFLICT IS IDENTIFIED, THE BOARD REVIEWS AND DETERMINES IF A CONFLICT DOES EXIST. IN THE EVENT THAT A CONFLICT EXISTS, DIRECTORS ABSTAIN AND OFFICERS ARE PROHIBITED FROM PARTICIPATING IN THE DECISION-MAKING PROCESS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO/TOP MANAGEMENT OFFICIAL DOES NOT RECEIVE COMPENSATION FROM THE FILING ORGANIZATION. THEREFORE THIS LINE WAS ANSWERED NO IN ACCORDANCE WITH THE INSTRUCTIONS. 15B: OTHER OFFICER COMPENSATION IS SET BY THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS OR IN THE CASE OF THE ASSISTANT SECRETARY, THE COMPENSATION PACKAGE IS RESEARCHED AND RECOMMENDED TO THE BOARD BY THE EXECUTIVE VP/COO. THE SECRETARY'S COMPENSATION INCLUDED A REVIEW OF COMPARABILITY DATA FOR SIMILAR ROLES AT SIMILAR ORGANIZATIONS. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. COMPARABILITY DATA WAS USED IN PREPARATION FOR 2025 FOR THE COMPENSATION FOR THE EXECUTIVE VP/COO AND THE ORGANIZATION ANTICIPATES IT WILL ANSWER THIS QUESTION "YES" ON THE 2025 RETURN. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABILITY OF DOCUMENTS TO THE PUBLIC: THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| US OLYMPIC AND PARALYMPIC COMMITTEE | |||||||||||
| 1 OLYMPIC PLAZA | COLORADO SPRINGS | CO | 80909 | 131548339 | AMATEUR SPORT | CO | 501(C)(3) | LINE 7 | N/A | 0 | |
| US OLYMPIC AND PARALYMPIC FDN | |||||||||||
| 1 OLYMPIC PLAZA | COLORADO SPRINGS | CO | 80909 | 800939841 | FUNDRAISING | CO | 501(C)(3) | LINE 7 | 0 | US OLYMPIC AND PARALYMPIC COMMITTEE | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Comments