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Human Services : Multipurpose Human Service Organizations

CN Advisory: Moderate Concern

United States Olympic Committee

Amazing awaits

four stars

90.33

One Olympic Plaza Colorado Springs, CO 80909
tel: (800) 775-8762   Web Site
EIN: 13-1548339

Board Leadership
Larry Probst
Chair

CEO
Scott Blackmun
CEO

 
 
CN CN CN LOW

CN CN CN HIGH

On February 7, 2018, it came to the attention of Charity Navigator that the United States Olympic Committee is the subject of an investigation by the United States Senate, according to an article titled, "Senators to investigate USA Gymnastics and Olympic committee after Larry Nasser sex abuse conviction." For this reason, we have issued a Moderate Concern CN Advisory. For more information regarding the charges reported, please see the Independent article.

  • On February 8, 2018, The New York Times published an article titled, "Pressure Grows for U.S. Olympic Committee Chief to Step Down." For more information, please see The New York Times article.

  • On February 28, 2018, The Wall Street Journal published an article titled, "U.S. Olympic Committee Chief Resigns in Wake of Sexual-Abuse Scandal." For more information, please see The Wall Street Journal article.


This charity has received a Moderate Concern Advisory due to an open or pending investigation regarding allegations of possible illegal activity, improper conduct, organizational mismanagement, or other matters of concern. Please note that this investigation has not concluded and that the allegations being investigated have not been confirmed by the U.S. legal system. Charity Navigator aims to provide donors and users with as much information as possible in order to make an informed giving decision. This advisory will be updated once we become aware that the investigation is completed. The views and opinions expressed here are those of the authors of sources used for the reported information, and not those of Charity Navigator. Charity Navigator is not responsible for the nature or content of the information presented through such external sources and websites. For more information on how or when we decide to publish a CN Advisory, please review our methodology.

  Score
(out of 100)
Rating
Overall Score & Rating 90.33 four stars
  Financial 88.91 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 05/07/2018 and includes data from FY2016, the most recent 990 received at that time.

The United States Olympic Committee (USOC) was incorporated by Congress for the purpose of establishing national goals for amateur athletic activities, and to aid and encourage the attainment of those goals. The USOC is charged with the task of coordinating and developing amateur athletic activity in the United States, which directly relates to international amateur athletic competition. In addition, the committee exercises exclusive jurisdiction over all matters pertaining to the participation of the United States in the Olympic, Paralympic and Pan-American Games. The Committee also represents the U.S. as its national Olympic Committee in relations with the International Olympic Committee and the Pan-American Sports Organization, and as a national Paralympic Committee with the International Paralympic Committee.

The United States Olympic Committee (USOC) was incorporated by Congress for the purpose of establishing national goals for amateur athletic activities, and to aid and encourage the attainment of those goals. The USOC is charged with the task of coordinating and developing amateur athletic activity in the United States, which directly relates to international amateur athletic competition. In addition, the committee exercises exclusive jurisdiction over all matters pertaining to the participation of the United States in the Olympic, Paralympic and Pan-American Games. The Committee also represents the U.S. as its national Olympic Committee in relations with the International Olympic Committee and the Pan-American Sports Organization, and as a national Paralympic Committee with the International Paralympic Committee.

Financial

three stars

88.91

Accountability & Transparency

four stars

92.00

This rating was published 05/07/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.2%
  Administrative Expenses 13.1%
  Fundraising Expenses 5.5%
  Fundraising Efficiency $0.40
  Working Capital Ratio (years) 1.05
  Program Expenses Growth 12.0%
  Liabilities to Assets 19.5%
All data for Financial Performance Metrics calculations was provided by United States Olympic Committee on recent 990s filed with the IRS.
Joint Cost Allocation Adjustment applied. Learn more.
All data for Financial Performance Metrics calculations was provided by United States Olympic Committee on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
United States Olympic Committee (CO) 90.33 four stars
Adaptive Sports Foundation (NY) 91.27 four stars
Nantucket Community Sailing (MA) 92.12 four stars
United States Soccer Foundation (DC) 93.01 four stars
Positive Coaching Alliance (CA) 91.48 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $14,185,465
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $13,668,221
   Government Grants $714,352
Total Contributions $28,568,038
   Program Service Revenue $183,840,636
Total Primary Revenue $212,408,674
   Other Revenue $123,658,681
TOTAL REVENUE $336,067,355
   
EXPENSES (Adjusted)  
   Program Expenses $211,432,933
   Administrative Expenses $34,665,914
   Fundraising Expenses $11,431,748
TOTAL FUNCTIONAL EXPENSES $257,530,595
   
Payments to Affiliates $0
Excess (or Deficit) for the year $78,536,760
   
Net Assets $250,484,596

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Member Support $80,204,021 37.7%
International Competition $42,614,419 20.0%
Olympic Training Centers $30,262,641 14.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 05/07/2018 90.33 four stars
-- 04/10/2018 --Moderate Concern Advisory

On February 7, 2018, it came to the attention of Charity Navigator that the United States Olympic Committee is the subject of an investigation by the United States Senate, according to an article titled, "Senators to investigate USA Gymnastics and Olympic committee after Larry Nasser sex abuse conviction." For this reason, we have issued a Moderate Concern CN Advisory. For more information regarding the charges reported, please see the Independent article.

2016-12 02/01/2018 90.33 four stars
2015-12 03/01/2017 85.20 three stars
2014-12 06/01/2016 88.24 three stars
 
CN 2.0
2014-12 12/22/2015 85.05 three stars
2013-12 06/01/2015 86.93 three stars
2012-12 06/01/2014 84.78 three stars
2011-12 11/06/2012 86.60 three stars
2010-12 10/01/2012 89.88 three stars
2010-12 03/01/2012 88.24 three stars
2009-12 09/20/2011 84.92 three stars
 
CN 1.0
2009-12 03/01/2011 77.86 two stars
2008-12 03/01/2010 83.95 three stars
2007-12 07/01/2009 70.74 two stars
2006-12 05/01/2008 71.69 two stars
2005-12 07/01/2007 57.00 one star
2004-12 03/01/2006 73.74 two stars
2003-12 11/01/2004 64.16 one star
2002-12 05/01/2004 74.35 two stars
2001-12 10/15/2002 67.27 one star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-1548339
Name in IRS Master File UNITED STATES OLYMPIC COMMITTEE
NTEE Code N71
NTEE Classification Olympics Committees and Related International Competitions
NTEE Type Recreation, Sports, Leisure, Athletics
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (298) Training in sports
(317) Other sports or athletic activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Central - the organization is a central type organization (no group exemption) of a National, Regional or Geographic grouping of organizations.
Group Name [Not Applicable]
Ruling Date April, 1952
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$1,033,158 0.40% Scott A. Blackmun Chief Executive Officer
Other Salaries of Note
$15,208 0.00% Daniel L. Doctoroff Director
$14,456 0.00% Robert L. Wood Director
$13,971 0.00% William C. Marolt Director
$13,115 0.00% Susanne D. Lyons Director
$12,548 0.00% Nina M. Kemppel Director
$11,150 0.00% Kevin M. White Director
$9,760 0.00% Pisei Whitney Ping Director
$7,636 0.00% Steven M. Mesler Director
$7,380 0.00% Dave W. Ogrean Director
$2,552 0.00% Ursula M. Burns Director

Highly Rated

Charity Name & State Overall Score Overall Rating
United States Olympic Committee (CO) 90.33 four stars
The Armory Foundation (NY) 94.66 four stars
United States Equestrian Team Foundation (NJ) 88.79 three stars
Tiger Athletic Foundation (LA) 90.56 four stars
USTA Foundation (NY) 87.44 three stars

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Charity Contact Info

United States Olympic Committee
One Olympic Plaza
Colorado Springs, CO 80909
tel: (800) 775-8762
EIN: 13-1548339

Visit Web Site

Board Leadership

Larry Probst
Chair

CEO

Scott Blackmun
CEO

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