The Olympic and Paralympic Games-year operating surplus allows the USOPC to run a deficit in non-Games years and provides a consistent level of support for athletes during each year of the four-year quadrennial budget cycle. Under that cycle, both revenue and expenses, which have a direct impact on supporting Team USA athletes, generally increase in Games years versus non-Games years.
The USOPC and U.S. Olympic & Paralympic Foundation’s consolidated financial statements and Forms 990s show revenue of approximately $459 million and expenses of $346 million, resulting in a surplus of $113 million for 2021, offsetting two non-Games years of deficits totaling $94 million.
You can access the USOPC and USOPF consolidated financial statements here.
You can access the USOPC Form 990 here.
You can access the USOPF Form 990 here.
You can access the Sport Benefit Statements here.
Athlete excellence programs accounted for almost 60% of all USOPC spending for the year at over $200 million. This included athlete stipends and funding for Performance Partnership Agreements with National Governing Bodies and Paralympic Sport Organizations that support elite athlete training through world-class coaching, sports science and technology and medical support; athlete services in the areas of mental health, career and education, legal aid and marketing and commercial rights; and expenses related to the Olympic and Paralympic Games Tokyo 2020 and training environments.
Sport advancement funding of nearly $43 million represents an increase in programs focused on promoting an inclusive, safe and fair culture by advancing athletes’ safety, opportunity, access and representation across the U.S. Olympic and Paralympic Movement.
Community growth investments of $26.5 million supported amplification of athlete stories, digital support of National Governing Bodies, international engagement and opportunities for athletes’ family and friends to connect through a first-of-its kind domestic Games experience amid the pandemic.
