Sport Benefits Statements
INVESTING IN OUR MISSION TO SERVE TEAM USA
- The USOPC’s allocation of resources demonstrates the investments we make in support of our mission, and underscores our commitment to financial transparency.
- The USOPC makes financial decisions based on the likely revenue we have to allocate in a quad (i.e. the four-year Games cycle), the cost it takes to send a team to the Games, and in support of our strategic plan and the priorities we have to better serve athletes.
- Eighty-three percent of our quad resources go toward programs and activities that directly support Team USA athletes—while 10% is invested in generating revenue through fundraising and commercial activities and another 7% on general administration.
- We are committed to clearly defining and sharing the total benefits and services available to Team USA athletes, both directly and through their member sport organization.
SPORT BENEFITS STATEMENTS
The U.S. Olympic & Paralympic Committee is committed to fiscal responsibility and financial transparency—ensuring our community understands how our resources are invested. Our primary purpose is to support Team USA athletes—through direct funds, programs and services that support them.
To honor that commitment, the USOPC created the Sport Benefits Statements to provide an annual, holistic look at how we allocate benefits, services and financial resources directly to athletes, and in support of athletes through their National Governing Body —clearly broken down into three categories that mirror our Impact Report, and audited financial statements and Form 990:
- Athlete Excellence
- Sport Advancement
- Community Growth
In total, there are 61 statements, inclusive of NGBs and internally managed sport bodies. Established in 2020, customized statements are created annually for each organization and are a central component of the USOPC’s public-facing annual reporting and financial disclosure process.
In addition to a glossary with detailed descriptions for each investment, the statements include direct cash payments, USOPC-provided services and value-in-kind provisions to athletes via their NGB, as well as indirect funding or services provided by or through the USOPC. The statements also provide a summary of sport characteristics to demonstrate the unique needs of each organization within our diverse community.
The statements do not include all-encompassing resources that cannot be quantified per member organization (i.e. audit support, strategy and business consulting, competitive analytics research and innovation, sports medicine research, Paralympic classification, communications and marketing events and support, and grants to outside entities such as the U.S. Center for SafeSport, U.S. Anti-Doping Agency and Partnership for Clean Competition).
2021 SPORT BENEFITS STATEMENTS
2020 SPORT BENEFITS STATEMENTS
2019 SPORT BENEFITS STATEMENTS