2025-11-14T11:52:43+00:00 2024-12-31 346565596 ERNST & YOUNG US LLP 99 WOOD AVE S ISELIN NJ 08830 990 2024-01-01 980123241 International Olympic Committee INTE 0000000000 PO Box 351 Lausanne SZ 1007 CHRISTOPHE DE KEPPER Director General 1111111111 2025-11-14 true Michael Sales P01770943 7325164200 2025-11-14 2024 2025-03-06 01:10:19Z CHRISTOPHE DE KEPPER PO Box 351 Lausanne SZ 1007 4413965153 false X HTTPS://WWW.OLYMPIC.ORG/THE-IOC X 1894 SZ TO PROMOTE OLYMPISM THROUGHOUT THE WORLD AND LEAD THE OLYMPIC MOVEMENT IN ACCORDANCE WITH THE OLYMPIC CHARTER. 15 15 557 110 25728255 0 557548 871246 739523827 4123748795 128278939 132242489 153097722 153653838 1021458036 4410516368 541709137 2295751344 0 0 102422949 118299664 0 0 0 274915035 966116723 919047121 3380167731 102410915 1030348637 5115127974 4735675750 2558787759 1124438100 2556340215 3611237650 The International Olympic Committee's (IOC) mission is to promote Olympism throughout the world by ensuring the regular celebration of the Olympic Games and to lead the Olympic Movement by encouraging and supporting the organisation, development and coordination of sport and sports competitions in accordance with the Olympic Charter. (Continued on Schedule O) false false 2653701941 1733974737 3252224815 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. 484340615 444564458 871523980 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) 170534241 117212149 0 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. THESE INCLUDE: - WORLD PROGRAMMES, PRIORITISING ATHLETES, COACHES, NOC MANAGEMENT AND THE PROMOTION OF THE OLYMPIC VALUES; - CONTINENTAL PROGRAMMES, MEETING THE SPECIFIC NEEDS OF EACH CONTINENT; - IOC SUBSIDIES FOR PARTICIPATION IN OLYMPIC GAMES, OFFERING FINANCIAL SUPPORT TO NOCS BEFORE, DURING AND AFTER THE GAMES 3308576797 false true false false false false false false false false true false false false false false true true false true true true false false false false false true false true false false false false false false false false false false false false false false false true true true false false true X 0 0 557 true true true true SN SZ UK false false false false false false X 15 15 false false false false true true true true true false true true false true true true true true true true false false X EMRE KURTOGLU 0000000000 OLYMPIC HOUSE PO BOX 351 Lausanne SZ 1007 Gerardo Werthein VP of IOC Executive Board (begin July 2024) 1.0 0.0 X X 0 0 0 John Coates VP of IOC Executive Board (end July 2024) 1.0 0.0 X X 0 0 0 Juan Antonio Samaranch Salisachs VP of IOC Executive Board 1.0 0.0 X X 0 0 0 Nawal El Moutawakel VP of IOC Executive Board 1.0 0.0 X X 0 0 0 Nicole Hoevertsz VP of IOC Executive Board 1.0 0.0 X X 0 0 0 Ser Miang Ng VP of IOC Executive Board (end July 2024) 1.0 0.0 X X 0 0 0 Thomas Bach IOC President 41.0 0.0 X X 0 0 0 Denis Oswald IOC Executive Board Member 1.0 0.0 X 0 0 0 Emma Terho IOC Executive Board Member 1.0 0.0 X 0 0 0 HRH Prince Bin Al-Hussein Faisal IOC Executive Board Member 1.0 0.0 X 0 0 0 Ivo Ferriani IOC Executive Board Member 1.0 0.0 X 0 0 0 Kirsty Coventry IOC Executive Board Member 1.0 0.0 X 0 0 0 Kristin Kloster IOC Executive Board Member 1.0 0.0 X 0 0 0 Li Lingwei IOC Executive Board Member (begin July 2024) 1.0 0.0 X 0 0 0 Mikaela Cojuangco Jaworski IOC Executive Board Member 1.0 0.0 X 0 0 0 Nenad Lalovic IOC Executive Board Member 1.0 0.0 X 0 0 0 Robin Mitchell IOC Executive Board Member 1.0 0.0 X 0 0 0 Christophe De Kepper Director General 41.0 0.0 X 1426699 0 196078 Christophe Dubi Olympic Games Executive Director 41.0 0.0 X 994766 0 145361 Emre Kurtoglu Chief Financial Officer 41.0 0.0 X 692273 0 88371 Lana Haddad Chief Operating Officer 41.0 0.0 X 847149 0 137633 Pere Mir Senior IOC President Advisor 41.0 0.0 X 248549 0 41765 Xavier Tissires Director of Human Resources 41.0 0.0 X 409802 0 79964 Christian Klaue Director of Coporate Communications and Public Affairs 41.0 0.0 X 570448 0 80473 Ilario Corna Chief Information Technology Officer 41.0 0.0 X 609732 0 103603 James MacLeod National Olympic Committee and Olympic Solidarity Director 41.0 0.0 X 625754 0 98317 Jane Thornton Director of Health, Medical and Science (September to December 2024) 41.0 0.0 X 138070 0 23058 Jochen Frber Chief of Lausanne Office of the OC 41.0 0.0 X 422681 0 76608 Kaveh Mehrabi Director of Athletes Department 41.0 0.0 X 455940 0 64924 Kit McConnell Sports Director 41.0 0.0 X 1022639 0 101947 Leondro Larrosa Digital Engagement & Marketing Director 41.0 0.0 X 751122 0 106300 Marcus Hecht-Hausen Chief of Staff 41.0 0.0 X 439468 0 72738 Mariam Mahdavy Legal Affairs Director 41.0 0.0 X 538954 0 102559 Panagiotis Tzivanidis Director of Coporate Events & Services 41.0 0.0 X 487576 0 81520 Pierre Ducrey Olympic Games Operations Director 41.0 0.0 X 594977 0 84070 Jacqueline Barrett Future Olympic Games Hosts Director 41.0 0.0 X 431120 0 81312 Marie Sallois Director of Corporate and Sustainable Development 41.0 0.0 X 473401 0 79541 Mark Adams Spokesman Services Director 41.0 0.0 X 528615 0 100838 Pquerette Girard-Zappelli Chief Ethics & Compliance Officer 41.0 0.0 X 446557 0 85493 Richard Budgett Director Medical and Scientific (end 31 December 2024) 41.0 0.0 X 466111 0 85739 13622403 0 2118212 23 false true false PUBLICIS MEDIA FRANCE 30-34 RUE DU CHEMIN VERT 17/19 rue Breguet PARIS FR 75011 Consulting 17098635 Zenith International (Media) Ltd 2 Television Center 101 Wood Lane London UK W127FR Consulting 4726611 Wink BV Overhoeksplein 21E 1031 KS Amsterdam NL Sports marketing 4076262 Bird & Bird LLP 15 FETTER LANE LONDON UK EC4A1JP Legal marketing 3763666 Dentsu Inc 1-8-1 HIGASHI-SHIMBASHI TOKYO JA 1057001 Sports marketing 3614527 246 871246 871246 Television Broadcasting Rights 533110 3252224815 3252224815 TOP Programme Marketing Rights 533110 871523980 845795725 25728255 0 0 0 0 4123748795 93810239 93810239 0 0 41881035 3448785 38432250 0 38432250 38432250 OCOG Marketing Programme 533110 94760644 94760644 Other Rights (Suppliership & Licensing) 533110 55489021 55489021 Other Revenue 900100 3404173 3404173 0 0 0 0 153653838 4410516368 4251674378 25728255 132242489 345342860 345342860 1950408484 1950408484 12961887 5720363 7241524 95911692 42327916 53583776 9426085 4159936 5266149 5499485 5499485 8647694 8647694 0 0 1936592 1936592 5840757 5840757 6296892 6296892 6290686 6290686 Olympic Games Related Expenses 602999218 602999218 Promotion of the Olympic Movement 220590283 220590283 General Running Expenses 50381008 50381008 Special Projects 32277255 32277255 25356853 25356853 0 0 3380167731 3308576797 71590934 0 110555784 252855981 3172084228 3491247325 0 0 1064238471 196890419 0 0 0 0 381828554 526681529 0 199149871 85330480 161326637 4560554 161326636 156766083 0 0 25426580 25426580 517850 477353 5115127974 4735675750 357885769 436413153 0 0 2068422168 564307772 0 0 0 0 0 0 0 132479822 123717175 0 0 2558787759 1124438100 X 2056070675 2802177112 500269540 809060538 2556340215 3611237650 5115127974 4735675750 1030348637 24548798 0 X false true true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 135411877 4109335 131302542 4591111 290804 4300307 21323649 160415 21163234 156766083 4429565681 24548798 0 24548798 4405016883 5499485 0 5499485 4410516368 3374668246 0 0 3374668246 5499485 0 5499485 3380167731 true Central America and the Caribbean 0 0 Grantmaking OLYMPIC REVENUE & MKG 12062781 Europe (Including Iceland and Greenland) 0 0 Grantmaking OLYMPIC REVENUE & MKG 1736398790 North America (Canada & Mexico only) 0 0 Grantmaking OLYMPIC REVENUE & MKG 44064178 Russia and Neighboring States 0 0 Grantmaking OLYMPIC REVENUE & MKG 10753986 South America 0 0 Grantmaking OLYMPIC REVENUE & MKG 14792646 Sub-Saharan Africa 0 0 Grantmaking OLYMPIC REVENUE & MKG 33862087 East Asia and the Pacific 0 0 Grantmaking OLYMPIC REVENUE & MKG 87299025 Middle East and North Africa 0 0 Grantmaking OLYMPIC REVENUE & MKG 11174991 0 0 0 0 0 0 1950408484 0 1950408484 Central America and the Caribbean SUPPORT OLYMPIC MOV. 12062781 ELEC FND/WIR Europe (Including Iceland and Greenland) SUPPORT OLYMPIC MOV. 1736398790 ELEC FND/WIR North America (Canada & Mexico only) SUPPORT OLYMPIC MOV. 44064178 ELEC FND/WIR Russia and Neighboring States SUPPORT OLYMPIC MOV. 10753986 ELEC FND/WIR South America SUPPORT OLYMPIC MOV. 14792646 ELEC FND/WIR Sub-Saharan Africa SUPPORT OLYMPIC MOV. 33862087 ELEC FND/WIR East Asia and the Pacific SUPPORT OLYMPIC MOV. 87299025 ELEC FND/WIR Middle East and North Africa SUPPORT OLYMPIC MOV. 11174991 ELEC FND/WIR 0 237 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds PURSUANT TO THE OLYMPIC CHARTER, THE IOC SUPPORTS THE STAGING OF THE OLYMPIC GAMES AND OLYMPIC WINTER GAMES WITH A FINANCIAL CONTRIBUTION FROM THE REVENUE IT RAISES THROUGH ITS BROADCAST AGREEMENTS AND THE GLOBAL TOP SPONSORSHIP PROGRAMME. IN 2024, THE AMOUNTS ACCRUED RELATED TO THE GRANTS, CONTRIBUTIONS AND OTHER ASSISTANCE TO ORGANIZATIONS OR ENTITIES OUTSIDE THE UNITED STATES WAS APPROXIMATELY $1,950,408,484. THESE GRANTS ARE INTENDED TO DEVELOP, PROMOTE, AND PROTECT THE OLYMPIC MOVEMENT IN THE RECIPIENT'S RESPECTIVE COUNTRIES, IN ACCORDANCE WITH THE OLYMPIC CHARTER. PRIOR TO RECEIVING A GRANT, A RECIPIENT ORGANIZATION IS SUBJECT TO RECOGNITION PROCEDURES TO ENSURE THAT THE ORGANIZATION DEMONSTRATES ALL CONDITIONS PRESCRIBED IN THE OLYMPIC CHARTER AND TO CONFIRM THAT FUNDS ARE TO BE UTILIZED TO FURTHER THE OLYMPIC MOVEMENT. THE IOC'S EXECUTIVE BOARD MONITORS THE CONDUCT OF THE RECIPIENT ORGANIZATIONS AND MAY TAKE APPROPRIATE ACTION AS NECESSARY, TO ENSURE THAT THE RECIPIENT ORGANIZATIONS ARE ACTING, AND WILL CONTINUE TO ACT, IN THE BEST INTEREST OF THE OLYMPIC MOVEMENT. Schedule F, Part V Schedule F, Part I, Line 3 THE INTERNATIONAL OLYMPIC COMMITTEE (IOC) CONDUCTS PROGRAM SERVICE ACTIVITIES ON A GLOBAL SCALE. A MAJORITY OF THE IOC'S TOTAL PROGRAM EXPENDITURES, AS REPORTED ON FORM 990, PART IX, ARE CONDUCTED IN REGIONS OUTSIDE THE UNITED STATES. AS AN ORGANISATION BASED IN SWITZERLAND, THE IOC HOLDS INVESTMENT ASSETS IN VARIOUS REGIONS OUTSIDE THE UNITED STATES. THE INVESTMENT ASSETS REPORTED ON FORM 990, PART X INCLUDE INVESTMENT ASSETS HELD IN VARIOUS REGIONS OUTSIDE THE UNITED STATES. true USOPC One Olympic Plaza Colorado Springs CO 80903 131548339 501(c)(3) 321188216 SUPPORT OLYMPIC MOVEMENT LA 2028 10900 WILSHIRE BOULEVARD Suite 700 Los Angeles CA 90024 472018941 501(c)(3) 24154644 SUPPORT OLYMPIC MOVEMENT 2 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds IOC GRANTS OF FUNDS TO THE UNITED STATES OLYMPIC & PARALYMPIC COMMITTEE (USOPC) ARE AGREED UPON AND ADMINISTERED THROUGH A DEFINITIVE AGREEMENT CONCLUDED ON 25 MAY 2012. IOC GRANTS OF FUNDS TO THE LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAMES 2028 (LA 2028) ARE AGREED UPON AND ADMINISTERED THROUGH THE HOST CITY CONTRACT - PRINCIPLES CONCLUDED ON 13 SEPTEMBER 2017. GRANTS TO U.S. CHARITABLE ORGANIZATIONS ARE INTENDED TO DEVELOP, PROMOTE AND PROTECT THE OLYMPIC MOVEMENT IN THE UNITED STATES, IN ACCORDANCE WITH THE OLYMPIC CHARTER. PRIOR TO RECEIVING A GRANT, A RECIPIENT ORGANIZATION IS SUBJECT TO RECOGNITION PROCEDURES TO ENSURE THAT THE ORGANIZATION DEMONSTRATES ALL CONDITIONS PRESCRIBED IN THE OLYMPIC CHARTER AND TO CONFIRM THAT FUNDS ARE TO BE UTILIZED TO FURTHER THE OLYMPIC MOVEMENT. THE IOC'S EXECUTIVE BOARD MONITORS THE CONDUCT OF THE RECIPIENT ORGANIZATIONS AND MAY TAKE APPROPRIATE ACTIONS AS NECESSARY, TO ENSURE THAT THE RECIPIENT ORGANIZATIONS ARE ACTING, AND WILL CONTINUE TO ACT, IN THE BEST INTEREST OF THE OLYMPIC MOVEMENT. X X X true true X X X false false false false false false false false false Christophe De Kepper Director General 833165 0 569871 0 23663 0 168830 0 27248 0 1622777 0 0 0 Christophe Dubi Olympic Games Executive Director 596001 0 378536 0 20229 0 118113 0 27248 0 1140127 0 0 0 Lana Haddad Chief Operating Officer 563648 0 261694 0 21807 0 110385 0 27248 0 984782 0 0 0 Emre Kurtoglu Chief Financial Officer 393978 0 276425 0 21870 0 61123 0 27248 0 780644 0 0 0 Xavier Tissires Director of Human Resources 337627 0 51090 0 21085 0 52716 0 27248 0 489766 0 0 0 Pere Mir Senior IOC President Advisor 140615 0 85150 0 22784 0 25861 0 15904 0 290314 0 0 0 Kit McConnell Sports Director 433626 0 561960 0 27053 0 74699 0 27248 0 1124586 0 0 0 Leondro Larrosa Digital Engagement & Marketing Director 462060 0 234788 0 54274 0 79052 0 27248 0 857422 0 0 0 James MacLeod National Olympic Committee and Olympic Solidarity Director 392821 0 212462 0 20471 0 71069 0 27248 0 724071 0 0 0 Ilario Corna Chief Information Technology Officer 435159 0 118074 0 56499 0 76355 0 27248 0 713335 0 0 0 Pierre Ducrey Olympic Games Operations Director 364956 0 211172 0 18849 0 56822 0 27248 0 679047 0 0 0 Christian Klaue Director of Coporate Communications and Public Affairs 360643 0 170867 0 38938 0 53225 0 27248 0 650921 0 0 0 Mariam Mahdavy Legal Affairs Director 409129 0 107856 0 21969 0 75311 0 27248 0 641513 0 0 0 Panagiotis Tzivanidis Director of Coporate Events & Services 344311 0 124886 0 18379 0 54272 0 27248 0 569096 0 0 0 Kaveh Mehrabi Director of Athletes Department 330626 0 82879 0 42435 0 37676 0 27248 0 520864 0 0 0 Marcus Hecht-Hausen Chief of Staff 338896 0 79473 0 21099 0 45490 0 27248 0 512206 0 0 0 Jochen Frber Chief of Lausanne Office of the OC 307584 0 90827 0 24270 0 49360 0 27248 0 499289 0 0 0 Jane Thornton Director of Health, Medical and Science (September to December 2024) 104073 0 17030 0 16967 0 13975 0 9083 0 161128 0 0 0 Mark Adams Spokesman Services Director 404142 0 102748 0 21725 0 73590 0 27248 0 629453 0 0 0 Marie Sallois Director of Corporate and Sustainable Development 368024 0 85718 0 19659 0 52293 0 27248 0 552942 0 0 0 Richard Budgett Director Medical and Scientific (end 31 December 2024) 405586 0 39737 0 20788 0 58491 0 27248 0 551850 0 0 0 Pquerette Girard-Zappelli Chief Ethics & Compliance Officer 369932 0 51090 0 25535 0 58245 0 27248 0 532050 0 0 0 Jacqueline Barrett Future Olympic Games Hosts Director 350164 0 49955 0 31001 0 54064 0 27248 0 512432 0 0 0 Schedule J, Part I, Line 1a Certain Benefits Provided EXPENSES INCURRED FOR TRAVEL AND ACCOMMODATIONS DURING THE EXECUTION OF THE IOC MEMBERS'S FUNCTIONS ARE COVERED BY THE IOC. THE INDEMNITY POLICY FOR THE IOC MEMBERS AND THE IOC PRESIDENT IS AS FOLLLOWS: - IOC MEMBERS AND IOC HONORARY MEMBERS ANNUAL ADMINISTRATIVE SUPPORT: $7,000 USD - DAILY INDEMNITY FOR THE IOC MEMBERS FOR ALL TYPES OF MEETINGS, INCLUDING COMMISSIONS, SESSIONS AND OLYMPIC GAMES (TO COVER THE TIME OF TRAVEL, THE DAYS BEFORE AND AFTER THE MEETINGS ARE COMPENSATED): $450 USD - DAILY INDEMNITY FOR IOC COMMISSION CHAIRS FOR THEIR OWN COMMISSION MEETINGS (TO COVER THE TIME OF TRAVEL, THE DAYS BEFORE AND AFTER THE MEETINGS ARE COMPENSATED): 2 x $450 USD DAILY INDEMNITY FOR IOC EXECUTIVE BOARD MEMBERS FOR EXECUTIVE BOARD MEETINGS (TO COVER THE TIME OF TRAVEL, THE DAYS BEFORE AND AFTER THE MEETINGS ARE COMPENSATED): 2 x $450 USD THE RESPECTIVE INDEMNITIES CAN BE ALLOCATED BY THE PRESIDENT WHEN HE REQUESTS A MEMBER FOR A SPECIAL MISSION. THESE COSTS ARE INCLUDED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990, AS WELL AS THE STATEMENT OF ACTIVITIES UNDER TRANSPORT, TRAVEL AND RESIDENCE WITHIN THE IOC'S ANNUAL REPORT, WHICH IS PUBLICLY AVAILABLE ON THE IOC'S WEBSITE. THE IOC PRESIDENT WILL BE TREATED IN THE SAME WAY AND ENTITLED TO THE SAME INDEMNITY AS THE EXECUTIVE BOARD MEMBERS DURING THE MEETINGS OF THE EXECUTIVE BOARD AND AS ANY IOC EXECUTIVE BOARD MEMBER DURING THE OLYMPIC GAMES. ACCORDING TO THE OBLIGATIONS AND RIGHTS ATTRIBUTED TO HIM IN THE OLYMPIC CHARTER, THE IOC PRESIDENT HAS THE FUNCTION OF AN EXECUTIVE PRESIDENT. THEREFORE, THE PRESIDENT IS ON MISSION FOR THE IOC 365 DAYS A YEAR. IN LINE WITH PAST PRACTICES AND LIKE ALL OTHER IOC MEMBERS, THE IOC PRESIDENT RECEIVES AN INDEMNITY TO PARTIALLY COVER HIS EXPENSES. THE PRESIDENT RECEIVES NEITHER THE FIXED ANNUAL SUPPORT NOR THE DAILY INDEMNITY RELATED TO ALL COMMISSION MEETINGS OR OTHER MISSIONS THAT HE IS ENTITLED TO AS AN IOC MEMBER. INSTEAD, TO COVER SOME OF THE PRESIDENT'S PERSONAL COSTS RELATED TO THE EXECUTION OF HIS FUNCTION, THE ETHICS COMMISSION DECIDED ON A SINGLE ANNUAL FIXED INDEMNITY, LINKED TO INFLATION OF EUR 275 THOUSAND. IN LINE WITH INDEMNITY POLICY, THE IOC COVERS THE COSTS OF THE PRESIDENT'S EXPENSES, WHICH AMOUNTED TO USD 350 THOUSAND IN 2024 AND USD 340 THOUSAND IN 2023. THESE AMOUNTS INCLUDE THE EUR 275 THOUSAND ANNUAL INDEMNITY AS DECIDED BY THE ETHICS COMMISSION. CONSISTENT WITH PAST PRACTICE, AN ANNUAL AMOUNT USD 182 THOUSAND WAS PAID BY THE IOC TO COVER THE INCOME TAX EXPENSE RELATED TO THE IOC PRESIDENT'S ACTIVITIES IN SWITZERLAND (USD 172 THOUSAND IN 2023). THE COST OF THESE EXPENSES ARE NOT TREATED AS COMPENSATION TO THE PRESIDENT FOR SWISS INCOME TAX PURPOSES AND THE INCOME TAX PAID TO COVER THE PRESIDENT'S EXPENSE ALLOWANCES IS PAID DIRECTLY TO THE SWISS TAX AUTHORITIES BY THE IOC. THESE COSTS ARE INCLUDED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990, AS WELL AS THE STATEMENT OF ACTIVITIES UNDER TRANSPORT, TRAVEL AND RESIDENCE EXPENSES WITHIN THE IOC'S ANNUAL REPORT, WHICH IS PUBLICLY AVAILABLE ON THE IOC'S WEBSITE. Schedule J, Part III Transactions with Related Parties TRANSACTON WITH RELATED PARTIES THE IOC'S EXECUTIVE BOARD MEMBERS, INCLUDING THE IOC PRESIDENT, ARE CONSIDERED TO BE VOLUNTEERS. UPON REQUEST BY AN IOC EXECUTIVE BOARD MEMBER (FOLLOWING A SIMPLE PROCESS), A PORTION OF THEIR PERSONAL ADMINISTRATIVE EXPENSES, RELATED TO THE EXECUTION OF THEIR RESPECTIVE FUNCTIONS WITHIN THE IOC, ARE COMPENSATED BY A FIXED AMOUNT. THE FIXED AMOUNT MAY VARY IN RELATION TO THE FUNCTIONS BEING PERFORMED BY THE INDIVIDUAL. THESE COSTS ARE INCLUDED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990. AS WELL AS THE STATEMENT OF ACTIVITIES INCLUDED WITHIN THE IOC'S ANNUAL REPORT, WHICH IS PUBLICLY AVAILABLE ON THE IOC'S WEBSITE. Form 990, Part III, Line 1 Continued The IOC's role is: - To encourage and support the promotion of ethics and good governance in sport, as well as education of youth through sport and to dedicate its efforts to ensure that, in sport, the spirit of fair play prevails and violence is banned; - To encourage and support the organisation, development and coordination of sport and sports competitions; - To ensure the regular celebration of the Olympic games; - To cooperate with the competent public or private organisations and authorities in the endeavour to place sport at the service of humanity and thereby to promote peace; - To take action to strengthen the unity of the Olympic Movement, to protect its independence, to maintain and promote its political neutrality and to preserve the autonomy of sport; - To act against any form of discrimination affecting the Olympic Movement; - To encourage and support elected representatives of athletes with the Olympic Movement, with the IOC Athletes' Commission acting as their supreme representative on all Olympic Games and related matters; - To encourage and support the promotion of women in sport at all levels and in all structures with a view to implementing the principle of equality of men and women; - To protect clean athletes and the integrity of sport, by leading the fight against doping, and by taking action against all forms of manipulation of competitions and related corruption; - To encourage and support measures relating to the medical care and health of athletes; - To oppose any political or commercial abuse of sport and athletes; - To encourage and support the efforts of sports organisations and public authorities to provide for the social and professional future of athletes; - To encourage and support the development of sport for all; - To encourage and support a responsible concern for environmental issues, to promote sustainable development in sport and to require that the Olympic Games are held accordingly; - To promote a positive legacy from the Olympic Games to the host cities, regions and countries; - To encourage and support initiatives blending sport with culture and education; - To encourage and support the activities of the International Olympic Academy and other institutions which dedicate themselves to Olympic education; and - To promote safe sport and the protection of athletes from all forms of harassment and abuse. Form 990, Part V, Line 2a and Part VII, Section A - Compensation COMPENSATION EMPLOYEES OF THE IOC ARE NOT U.S. RESIDENTS OR U.S. EMPLOYEES; THEREFORE, THE COMPENSATION INFORMATION FOR THESE INDIVIDUALS IS PROVIDED USING THE BEST INFORMATION AVAILABLE FORM W-2 EQUIVALENTs. Form 990, Part VI, Line 15 Lines 15a and 15b COMPENSATION REVIEW AND APPROVAL PROCESS The IOC Human Resources Committee ("HR Committee"), acting under its Policy and subject to the reserved powers of the President, reviews and approves compensation for the Director General and Executive Management. Decisions are made exclusively by independent members, based on comparability data from independent sources and external advisors, and documented contemporaneously in minutes. This process satisfies the rebuttable presumption of reasonableness under Treas. Reg. §53.4958 6 and includes annual benchmarking. Form 990, Part VI, Line 6 Classes of members or stockholders EXPLANATION OF CLASSES OF MEMBERS OR SHAREHOLDERS THE IOC IS COMPRISED OF MEMBERS WHO ARE NATURAL PERSONS, NOT TO EXCEED A TOTAL OF 115 INDIVIDUALS. THE MEMBERS REPRESENT AND PROMOTE THE INTERESTS OF THE IOC AND THE OLYMPIC MOVEMENT IN THEIR COUNTRIES AND IN THE ORGANISATIONS OF THE OLYMPIC MOVEMENT IN WHICH THEY SERVICE. THE MEMBERS VOTE ON IMPORTANT DECISIONS RELATED TO THE IOC, INCLUDING THE ELECTION OF HOST CITIES FOR THE OLYMPIC GAMES, CHANGES TO THE OLYMPIC CHARTER, AND ELECTION OF NEW MEMBERS, THE IOC EXECUTIVE BOARD AND THE IOC PRESIDENT. THE MEMBERS OF THE IOC ARE COMPRISED OF: - A MAJORITY OF MEMBERS WHOSE MEMBERSHIPS ARE NOT LINKED TO ANY SPECIFIC FUNCTION OR OFFICE, INCLUDING UP TO FIVE MEMBERS WHO MAY BE ELECTED IN SPECIAL CASES, THEIR TOTAL MAY NOT EXCEED 70 AND THERE MAY BE NO MORE THAN ONE SUCH MEMBER NATIONAL OF ANY GIVEN COUNTRY; - ACTIVE ATHLETES THE NUMBER OF WHOM MAY NOT EXCEED 15 - PRESIDENTS OR PERSONS HOLDING AN EXECUTIVE OR SENIOR LEADERSHIP POSITION WITHIN INTERNATIONAL FEDERATIONS, ASSOCIATIONS OF INTERNATIONAL FEDERATIONS OR OTHER ORGANISATIONS RECOGNIZED BY THE IOC, THE TOTAL NUMBER OF WHOM MAY NOT EXCEED 15; AND - PRESIDENTS OR PERSONS HOLDING AN EXECUTIVE OR SENIOR LEADERSHIP POSITION WITHIN NATIONAL OLYMPIC COMMITTEES OR WORLD OR CONTINENTAL ASSOCIATIONS OF NATIONAL OLYMPIC COMMITTEES, THE TOTAL NUMBER OF WHOM MAY NOT EXCEED 15; THERE MAY BE NO MORE THAN ONE SUCH MEMBER NATIONAL OF ANY GIVEN COUNTRY WITHIN THE IOC. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body HOW MEMBERS OR SHAREHOLDERS ELECT GOVERNING BODY THE IOC MEMBERS HAVE THE POWER TO ELECT THE EXECUTIVE BOARD OF THE IOC, WHICH IS CARRIED OUT BY VOTE DURING THE GENERAL MEETING OF THE IOC MEMBERS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders DECISIONS OF GOVERNING BODY APPROVED BY MEMBERS OR SHAREHOLDERS DURING THE GENERAL MEETING OF THE MEMBERS OF THE IOC, THE MEMBERS VOTE ON THE FOLLOWING: - TO ADOPT OR AMEND THE OLYMPIC CHARTER - TO ELECT MEMBERS OF THE IOC, THE HONORARY PRESIDENT, HONORARY MEMBERS AND HONOUR MEMBERS; - TO ELECT THE PRESIDENT, THE VICE PRESIDENTS AND ALL OTHER MEMBERS OF THE IOC EXECUTIVE BOARD; - TO ADOPT OR AMEND THE ATHLETES' RIGHTS AND RESPONSIBILITIES DECLARATION - TO RESOLVE AND DECIDE UPON ALL OTHER MATTERS ASSIGNED TO IT BY LAW OR BY THE OLYMPIC CHARTER. THE EXECUTIVE BOARD ASSUMES THE OVERALL RESPONSIBILITY FOR THE ADMINISTRATION OF THE IOC AND MANAGEMENT OF ITS AFFAIRS, INCLUDING APPROVING ALL INTERNAL GOVERNANCE REGULATIONS RELATING TO THE ORGANISATION. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 REVIEW PROCESS THE FORM 990 WAS PREPARED BY THE IOC'S INDEPENDENT TAX ACCOUNTANT, ERNST & YOUNG LLP, WITH ASSISTANCE FROM THE IOC'S TAX MANAGER. THE FORM 990 WAS THEN REVIEWED AND SIGNED OFF BY THE CHIEF FINANCIAL OFFICER. A COMPLETE COPY WAS PROVIDED TO THE CHIEF OPERATING OFFICER AND THE DIRECTOR GENERAL PRIOR TO THE FILING DATE. THE IOC FORM 990 WAS THEN APPROVED BY THE CHIEF OPERATING OFFICER AND THE DIRECTOR GENERAL PRIOR TO IT BEING FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c Conflict of interest policy MONITORING AND ENFORCEMENT OF CONFLICTS OF INTEREST POLICY THE IOC'S CONFLICT OF INTEREST POLICIES AND PROCEDURES ARE DETAILED WITHIN THE IOC CODE OF ETHICS, UNDER THE SECTION TITLED "RULES CONCERNING CONFLICTS OF INTERESTS AFFECTING THE BEHAVIOUR OF OLYMPIC PARTIES." THE IOC CODE OF ETHICS IS READILY AVAILABLE TO THE PUBLIC AND FORMS AN INTEGRAL PART OF THE OLYMPIC CHARTER. PRIOR TO EXAMINATION BY THE IOC EXECUTIVE BOARD OF A CANDIDATURE FOR ELECTION AS AN IOC MEMBER, A CANDIDATE MUST DECLARE ANY RISKS OF CONFLICTS OF INTERESTS TO THE IOC CHIEF ETHICS AND COMPLIANCE OFFICER. THE ATTENTION OF THE CANDIDATE MAY BE DRAWN TO ANY POTENTIAL CONFLICTS OF INTEREST IDENTIFIED. IT IS THE PERSONAL RESPONSIBILITY OF EACH PERSON TO AVOID ANY CASE OF CONFLICT OF INTEREST. FACED WITH A SITUATION OF A POTENTIAL CONFLICT OF INTEREST, THE PERSON CONCERNED MUST REFRAIN FROM EXPRESSING AN OPINION, FROM MAKING OR PARTICIPATING IN MAKING A DECISION OR ACCEPTING ANY FORM OF BENEFIT WHATSOEVER. HOWEVER, IF THE PERSON WISHES TO CONTINUE TO ACT, OR IF THE PERSON IS UNCERTAIN AS TO THE STEPS TO TAKE, THE PERSON MUST INFORM THE IOC CHIEF ETHICS AND COMPLIANCE OFFICER OF THE SITUATION, WHO THEN TAKES THE STEPS BELOW. THE IOC CHIEF ETHICS AND COMPLIANCE OFFICER IS RESPONSIBLE FOR ADVISING PERSONS, AT THEIR REQUEST, IN A SITUATION OF A POTENTIAL CONFLICT OF INTERESTS. THE PERSON CONCERNED IS THEN OFFERED A SOLUTION FROM THE FOLLOWING OPTIONS: (1) REGISTERING THE DECLARATION WITHOUT ANY PARTICULAR MEASURE; (2) REMOVAL OF THE PERSON INVOLVED FROM PART OR ALL OF THE ACTION OR FROM THE DECISION OF THE OLYMPIC PART AT THE ROOT OF THE CONFLICT; (3) RELINQUISHMENT OF THE MANAGEMENT OF THE EXTERNAL INTEREST CAUSING THE CONFLICT; OR (4) ANY COMPLEMENTARY MEASURES. THE PERSON CONCERNED THEN TAKES THE STEPS THAT HE/SHE CONSIDERS APPROPRIATE. IN THE EVENT THAT A PERSON NEGLECTS TO DECLARE A SITUATION OF A POTENTIAL CONFLICT OF INTETESTS, AND/OR IS AN ACTUAL CONFLICT OF INTEREST SITUATION, THE IOC CHIEF ETHICS AND COMPLIANCE OFFICER MAY REFER THE CASE TO THE IOC ETHICS COMMISSION IN ACCORDANCE WITH THE CONDITIONS SET OUT IN ITS RULES OF PROCEDURE. THE IOC ETHICS COMMISSION WILL THEN PROPOSE TO THE IOC EXECUTIVE BOARD EITHER ONE OF THE MEASURES PROVIDED ABOVE AND/OR ONE OF THE SANCTIONS DEFINED IN THE OLYMPIC CHARTER. Form 990, Part VI, Line 19 Required documents available to the public AVAILABILITY OF GOVERNING DOCUMENTS TO THE PUBLIC THE IOC STATUES AND BY-LAWS, WHICH FORM PART OF THE OLYMPIC CHARTER, CODE OF ETHICS, AND THE ANNUAL REPORT, WHICH INCLUDES THE FINANCIAL STATEMENTS, CAN BE FOUND ON ITS WEBSITE AT WWW.OLYMPIC.ORG. Form 990, Part VII, Section A Key Employees and Highest Compensated WHILE THE IOC HAS APPROPRIATELY CLASSIFIED THE INDIVIDUALS LISTED AS KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES IN ACCORDANCE WITH PART VII, THESE INDIVIDUALS ARE ALL OF EQUAL STANDING AS PART OF THE IOC ADMINISTRATION. Form 990, Part XII, Line 2b and Form 990, Part IV, Line 12b FINANCIAL STATEMENTS THE INTERNATIONAL OLYMPIC COMMITTEE IS AN INTERNATIONAL NON-GOVERNMENT NOT-FOR-PROFIT ASSOCIATION ORGANIZED IN SWITZERLAND, AND FUNCTIONS IN ACCORDANCE WITH THE SWISS CIVIL CODE. THE CONSOLIDATED FINANCIAL STATEMENTS OF THE IOC, AS AUDITED BY AN INDEPENDENT ACCOUNTANT, ARE PREPARED IN ACCORDANCE WITH AND COMPLY WITH THE INTERNATIONAL FINANCIAL REPORTING STANDARDS AND AS WELL THE SWISS LAW. Form 990, Box E and Form 990, Part VI, Section C, Line 20 Telephone Number The organisation's telephone number is +41 21 621 61 11 OLYMPIC FOUNDATION Olympic House Lausanne SZ 1007 PROMOTE OLYMPISM SZ NA true THE OLYMPIC FOUNDATION FOR CULTURE & HERITAGE Quai DOuchy 1 Lausanne SZ 1007 PROMOTE OLYMPISM SZ NA true UNIVERSAL OLYMPIC ETHICS FOUNDATION Olympic House Lausanne SZ 1007 PROMOTE OLYMPISM SZ NA true IOC TELEVISION & MARKETING SERVICES SA Olympic House Lausanne SZ 1007 IOC SERVICE COMPANY SZ NA C Corporation 0 0 0 true OLYMPIC BROADCASTING SERVICES SA (OBS SA) Olympic House Lausanne SZ 1007 IOC SERVICE COMPANY SZ NA C Corporation 0 0 0 true OLYMPIC CHANNEL SERVICES SA (OCS SA) Olympic House Lausanne SZ 1007 IOC SERVICE COMPANY SZ NA C Corporation 0 0 0 true OLYMPIC BROADCASTING SERVICES SL (OBS SL) Torrelaguna 75 Madrid SP 28027 IOC SERVICE COMPANY SP NA C Corporation 0 0 0 true OLYMPIC CHANNEL SERVICES SL (OCS SL) Torrelaguna 75 Madrid SP 28027 IOC SERVICE COMPANY SP NA C Corporation 0 0 0 true false false false false false false false false false false false false false true true true false false false Schedule R, Part II, Column (d) Exempt Code Section EACH ORGANISATION LISTED IS CLASSIFIED AS A PUBLIC UTILITY ORGANIZATION AND IS TAX-EXEMPT UNDER SWISS DIRECT FEDERAL INCOME TAX LAW. Schedule R, Part V, Line 2 Transactions with Related Parties THE IOC HAS VARIOUS CONTRACTUAL ARRANGEMENTS WITH ITS RELATED ORGANISATIONS, ALL OF WHICH ARE CONDUCTED AT ARM'S LENGTH. ALL TRANSACTIONS WITH RELATED ORGANISATIONS ARE IN CONNECTION WITH THE OLYMPIC MOVEMENT.