Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2010
Open to Public Inspection
A For the calendar year, or tax year beginning 01-01-2010 and ending 12-31-2010
BCheck if applicable:
CName of organization
United States Olympic Committee
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
One Olympic Plaza
 
Room/suite
City or town, state or country, and ZIP + 4
Colorado Springs, CO80909
D Employer identification number

13-1548339
E Telephone number

G Gross receipts $ 251,568,471
F Name and address of principal officer:
Walter Glover
One Olympic Plaza
Colorado Springs,CO80909
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
www.teamusa.org
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1950
M State of legal domicile: CO
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: To support United States Olympic and Paralympic athletes.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) .... 3 15
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 15
5 Total number of individuals employed in calendar year 2010 (Part V, line 2a) ... 5 593
6 Total number of volunteers (estimate if necessary) .... 6 84
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 0
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b 0
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 53,488,865 66,567,049
9 Program service revenue (Part VIII, line 2g) ......... 7,168,897 111,263,331
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 463,598 -402,077
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 61,970,026 73,177,555
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 123,091,386 250,605,858
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 56,864,385 72,351,558
14 Benefits paid to or for members (Part IX, column (A), line 4) .... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 35,500,856 37,793,164
16a Professional fundraising fees (Part IX, column (A), line 11e).... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet19,820,080    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 79,846,825 81,433,430
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 172,212,066 191,578,152
19 Revenue less expenses. Subtract line 18 from line 12...... -49,120,680 59,027,706
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............ 153,336,024 245,813,122
21 Total liabilities (Part X, line 26)............ 34,121,694 66,709,656
22 Net assets or fund balances. Subtract line 21 from line 20 ..... 119,214,330 179,103,466
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title.
Paid Preparer's Use Only Preparer's
signatureBig Right Arrow 		Date
right pointing bullet image Preparer’s taxpayer identification number
(see instructions)
Firm’s name (or yours
if self-employed),
address, and ZIP + 4Big Right Arrow




 		EIN right pointing bullet image
Phone no. right pointing bullet image
May the IRS discuss this return with the preparer shown above? (see instructions) .........
For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2010)
Form 990 (2010)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III . . . . . . . . . .
1
Briefly describe the organization’s mission: To support United States Olympic and Paralympic athletes in achieving sustained competitive excellence and preserve the Olympic ideals, and thereby inspire all Americans.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the exempt purpose achievements for each of the organization’s three largest program services by expenses.
Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 69,314,981 including grants of $ 59,159,168 ) (Revenue $ 76,808 )
Member Support - The total expenses for this program are made up of direct financial assistance to athletes and grants paid to the National Governing Bodies ("NGBs"), as well as the grant making function and organization support and oversight of NGBs, and athlete programs.
4b (Code:   ) (Expenses $ 22,884,120 including grants of $ 155,630 ) (Revenue $ 2,424,535 )
Olympic Training Centers - The facilities provide room and board and training facilities to athletes who are selected by their NGB.
4c (Code:   ) (Expenses $ 17,878,514 including grants of $ 5,615,825 ) (Revenue $ 2,994,906 )
International Competition: Expenses for this program provide for the logistical and operational support in sending teams to the Olympic, Paralympic, Pan-American and other international games.
(Code:   ) (Expenses $ 16,358,496 including grants of $ 6,996,010 ) (Revenue $ 172,200 )
Paralympic - This program provides high performance training, funding and support for athletes with physical disabilities in 22 Paralympic sports. In addition, the Paralympic Division conducts grassroots and military programs to increase participation among children and injured military personnel, introducing them to Paralympic sport.
(Code:   ) (Expenses $ 2,302,276 including grants of $ 704 ) (Revenue $ 436,040 )
International Relations - This Division is responsible for all USOC relations with the International Olympic Committee (IOC), International Federations, National Olympic Committees (NOCS), The Association of National Olympic Committees (ANOC), and Pan-American Sports Organizations.
(Code:   ) (Expenses $ 2,686,682 including grants of $   ) (Revenue $ 10,000 )
Communications - This division is responsible for disseminating information to the media and general public to foster greater awareness and participation in Olympic programs.
(Code:   ) (Expenses $ 1,235,718 including grants of $   ) (Revenue $   )
Sports Science and Technology - The sports science program applies theory and research of sports science to helping athletes improve their performance.
(Code:   ) (Expenses $ 3,598,072 including grants of $ 52,721 ) (Revenue $ 79,248 )
Drug Control - This program provides anti-doping testing and monitoring of athletes to ensure compliance with established international standards.
(Code:   ) (Expenses $ 2,081,640 including grants of $   ) (Revenue $ -131,704 )
Sports Medicine - The sports medicine division promotes health and excellence in sports accomplished through comprehensive, on-demand health care for athletes.
(Code:   ) (Expenses $ 2,612,022 including grants of $ 371,500 ) (Revenue $ 59,256 )
Other Member Services - Includes The Office of Chief of Sport which provides oversight to all other member service programs; Education and archive services to create awareness of the history, culture, and traditions of the Olympic movement; Program committees which are composed of NGB and athlete representatives who provide input and work with USOC staff on their related programs; Coaches development for increasing the quality and status of coaching at all levels of sport; National Events - Responsible for conducting the national events of the United States Olympic Committee.
(Code:   ) (Expenses $ 3,316,539 including grants of $   ) (Revenue $ 105,142,042 )
Broadcast Properties - The primary focus is to secure and nurture the USOC's relationship with the U.S. broadcast rights holders, NBC, with the purpose of maintaining and increasing television exposure for U.S. Olympic athletes and the National Governing Bodies who administer Olympic sports and thereby promote grassroots awareness of Olympic sport and ideals and encourage participation in Olympic sports. In addition the department acquires, care takes and archives Olympic and USOC footage and manages www.teamusa.org, the official site of the U.S. Olympic team. The primary goal of the site is to promote U.S. athletes and their accomplishments. The site also serves a secondary role as an informational tool about the USOC.
4d Other program services. (Describe in Schedule O.)
(Expenses $ 34,191,445 including grants of $ 7,420,935 ) (Revenue $ 105,767,082 )
4e Total program service expensesMediumBullet$ 144,269,060
Form 990 (2010)
Form 990 (2010)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? Click to see attachment........
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part IClick to see attachment..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part IIClick to see attachment.........................
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete
Schedule D, Part IClick to see attachment.......................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
Yes
 
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IVClick to see attachment...................
9
 
No
10
Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
Yes
 
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.Click to see attachment
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.Click to see attachment
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
 
No
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the United States? If “Yes,” complete Schedule F, Part I......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II.. Click to see attachment
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III.. Click to see attachment
16
 
No
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II..........
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................
19
 
No
Form 990 (2010)
Form 990 (2010)
Page 4
Part IV
Checklist of Required Schedules (continued)
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
Did the organization attach its audited financial statement to this return? Note: All Form 990 filers that operate one or more hospitals must attach audited financial statements. .....
20b
 
 
21
Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment
22
Yes
 
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
 
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................
25b
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II...........................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor, or a grant selection committee member, or to a person related to such an individual? If “Yes,” complete Schedule L, Part III...............
27
 
No
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV...................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV..
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule MClick to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............ Click to see attachment
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I........................... Click to see attachment
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment
34
Yes
 
35
Is any related organization a controlled entity within the meaning of section 512(b)(13)? .....
35
 
No
a
Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2........... Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2010)
Form 990 (2010)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V . . . . . . . . . .
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
2,126
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
 
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
593
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletCA
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2010)
Form 990 (2010)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI . . . . . . . . . .
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year ..............
1a
15
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
15
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? ..
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Does the organization have members or stockholders? ................
6
 
No
7a
Does the organization have members, stockholders, or other persons who may elect one or more members of the governing body? .........................
7a
 
No
b
Are any decisions of the governing body subject to approval by members, stockholders, or other persons? ..
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Does the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” does the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization? ....
10b
 
 
11a
Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Does the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ...........................
12b
Yes
 
c
Does the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this is done ....................
12c
Yes
 
13
Does the organization have a written whistleblower policy? ...............
13
Yes
 
14
Does the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line a or b, describe the process in Schedule O. (See instructions.)
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If “Yes,” has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
AK , AZ , AR , CA , CT , DC , FL , GA , IL , KS , KY , LA , ME , MD , MA , MI , MN , MS , NH , NJ , NM , NY , NC , ND , OH , OK , OR , PA , RI , SC , TN , UT , VA , WA , WV , WI , MO , HI
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
Walter Glover CFO
One Olympic Plaza
Colorado Springs,CO80909
(719) 866-4688
Form 990 (2010)
Form 990 (2010)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII . . . . . . . . . .
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) Lawrence F Probst
Chairman of the Board
 20.00 X   X       0 0 0
(2) Robert J Bach
Director
 5.00 X           0 0 0
(3) James M Benson
Director
 5.00 X           0 0 0
(4) Robert A Bowlsby
Director
 5.00 X           0 0 0
(5) Ursula L Burns
Director
 5.00 X           5,839 0 0
(6) Anita L DeFrantz
Director
 5.00 X           0 0 0
(7) James L Easton
Director
 5.00 X           0 0 0
(8) John S Hendricks
Director
 5.00 X           0 0 0
(9) Nina M Kemppel
Director
 5.00 X           0 0 0
(10) Susanne D Lyons
Director
 5.00 X           0 0 0
(11) Jair K Lynch
Director
 5.00 X           2,345 0 0
(12) Mary R McCagg
Director
 5.00 X           3,712 0 0
(13) Dave I Ogrean
Director
 5.00 X           0 0 0
(14) Michael P Plant
Director
 5.00 X           3,165 0 0
(15) Angela M Ruggiero
Director
 5.00 X           0 0 0
(16) Peter V Ueberroth
Non-Voting Honorary Pres
 5.00 X           0 0 0
(17) Scott A Blackmun
Chief Executive Officer
 40.00     X       527,695 0 110,712
Form 990 (2010)
Form 990 (2010)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) Rana K Dershowitz
General Counsel
 40.00     X       332,426 0 24,584
(19) Walter R Glover
Chief Financial Officer
 40.00     X       280,441 0 26,184
(20) Stephanie Streeter
Acting CEO
 40.00     X       163,522 0 71
(21) Norman D Bellingham
Chief Operating Officer
 40.00       X     556,183 0 30,061
(22) Lisa P Baird
Chief Marketing Officer
 40.00       X     444,084 0 18,659
(23) Michael D English
Chief Sport Operations
 40.00       X     280,832 0 28,036
(24) Russell C Huebner
Chief of Paralympics
 40.00       X     243,482 0 26,338
(25) Janine Musholt
Chief Develop Officer
 40.00       X     245,161 0 20,935
(26) Alan Ashley
Chief Sport Performance
 40.00       X     202,157 0 22,869
(27) Patrick Sandusky
Chief Communications
 40.00         X   407,020 0 9,739
(28) Robert J Fasulo
Chief Intl Relations
 40.00         X   382,889 0 64,648
(29) John L McWilliams
Chief of Human Resources
 40.00         X   409,285 0 1,788
(30) Larry M Buendorf
Chief Security Officer
 40.00         X   240,070 0 17,819
(31) Carolina Bayon
Director Intl Rel
 40.00         X   223,257 0 22,878
(32) James E Scherr
Former CEO
 40.00           X 116,252 0 0
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 5,069,817 0 425,321
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable compensation from the organizationMediumBullet79
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
R R Donneley
PO Box 93514
Chicago,IL60673 		Printing services 4,855,992
Jet Set Sports
196 Route 202 North PO Box 366
Farhills,NJ07931 		Games hospitality packages 2,717,977
Alta Resources Inc
120 N Commercial St
Neenah,WI54956 		Fulfillment services 2,609,967
Pep Direct Inc
19 Stoney Brook Drive
Wilton,NH03086 		Printing and mailing services 2,449,432
Framboise Catering
860 Bay St
Staten Island,NY10304 		Catering services 1,159,273
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization MediumBullet82
Form 990 (2010)
Form 990 (2010)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, gifts, grants and other similar amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c  
d Related organizations...1d  
e Government grants (contributions)1e 8,445,701
f All other contributions, gifts, grants, and
similar amounts not included above1f 		58,121,348
g Noncash contributions included in lines 1a-1f:$ 19,792,654
h Total. Add lines 1a-1f.......MediumBullet 66,567,049
Program Service Revenue Business Code
2a Broadcast Rights 711,300 105,142,042 105,142,042    
b International Games 711,300 2,994,906 2,994,906    
c Olympic Training Ctr 711,300 2,424,535 2,424,535    
d International Relation 711,300 436,040 436,040    
e Other Member Services 711,300 265,808 265,808    
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 111,263,331
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 33,625     33,625
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties............MediumBullet 71,830,527     71,830,527
(i) Real (ii) Personal
6a Gross Rents    
b Less: rental expenses    
c Rental income or (loss)    
d Net rental income or (loss).......MediumBullet        
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory    
b Less: cost or other basis and sales expenses   435,702
c Gain or (loss)   -435,702
d Net gain or (loss)..........MediumBullet -435,702     -435,702
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a 882,855
b Less: cost of goods sold ..b 526,911
c Net income or (loss) from sales of inventory..MediumBullet 355,944     355,944
Miscellaneous Revenue Business Code
11a Rental Income 711,300 874,836     874,836
b Prof Service Fees 711,300 116,248     116,248
c            
d All other revenue ....        
e Total. Add lines 11a–11d ......MediumBullet 991,084
12 Total revenue. See Instructions....MediumBullet 250,605,858 111,263,331 0 72,775,478
Form 990 (2010)
Form 990 (2010)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21 45,350,393 45,350,393
2 Grants and other assistance to individuals in the U.S. See Part IV, line 22 21,501,165 21,501,165
3 Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16 5,500,000 5,500,000
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 5,480,055 1,914,148 3,299,811 266,096
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 25,638,763 15,661,297 9,172,910 804,556
8 Pension plan contributions (include section 401(k) and section 403(b) employer contributions) .... 1,418,022 830,995 547,520 39,507
9 Other employee benefits ....... 3,260,243 1,907,169 1,252,716 100,358
10 Payroll taxes ........... 1,996,081 1,203,380 722,708 69,993
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 916,468 101,629 814,839  
c Accounting ........... 242,453 25,000 217,453  
d Lobbying ...........        
e Professional fundraising. See Part IV, line 17..    
f Investment management fees ......        
g Other .......... 5,997,954 3,078,343 2,034,613 884,998
12 Advertising and promotion .... 1,341,472 903,097 438,375  
13 Office expenses ....... 1,176,155 789,314 376,369 10,472
14 Information technology ......        
15 Royalties ..        
16 Occupancy ........... 7,019,083 3,054,576 3,715,954 248,553
17 Travel ............ 14,606,586 9,397,961 4,547,015 661,610
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings .... 1,259,620 1,069,974 177,704 11,942
20 Interest ...........        
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 6,608,699 4,468,712 2,123,342 16,645
23 Insurance ..............        
24 Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.)
a Outside services 16,736,925 4,469,240 2,056,977 10,210,708
b Postage 6,858,440 397,394 187,946 6,273,100
c Games event expense 3,962,707 3,684,036 249,423 29,248
d Repairs and Maintenance 2,906,047 1,300,480 1,605,567 0
e Public information 1,742,160 1,380,560 361,600  
f All other expenses 10,058,661 16,280,197 -6,413,830 192,294
25 Total functional expenses. Add lines 1 through 24f 191,578,152 144,269,060 27,489,012 19,820,080
26 Joint costs. Check here MediumBullet if following
SOP 98-2 (ASC 958-720). Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation 		       
Form 990 (2010)
Form 990 (2010)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing ..........   1  
2 Savings and temporary cash investments ....... 51,283,394 2 101,025,695
3 Pledges and grants receivable, net ......... 11,655,379 3 14,711,158
4 Accounts receivable, net ......... 10,124,815 4 9,228,858
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L ..........   6  
7 Notes and loans receivable, net .............   7  
8 Inventories for sale or use .............. 947,611 8 436,969
9 Prepaid expenses and deferred charges ............ 13,179,907 9 4,484,341
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 192,449,224
b Less: accumulated depreciation. ..... 10b 95,742,124 60,335,149 10c 96,707,100
11 Investments—publicly traded securities ..........   11  
12 Investments—other securities. See Part IV, line 11 ......   12  
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets .........   14  
15 Other assets. See Part IV, line 11 ........... 5,809,769 15 19,219,001
16 Total assets. Add lines 1 through 15 (must equal line 34)... 153,336,024 16 245,813,122
Liabilities 17 Accounts payable and accrued expenses . 23,181,176 17 24,824,306
18 Grants payable ..........   18  
19 Deferred revenue .......... 10,866,311 19 41,885,350
20 Tax-exempt bond liabilities ..........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D..   21  
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ....   24  
25 Other liabilities. Complete Part X of Schedule D..... 74,207 25 0
26 Total liabilities. Add lines 17 through 25..... 34,121,694 26 66,709,656
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 102,425,882 27 147,588,282
28 Temporarily restricted net assets ..... 12,045,695 28 26,010,069
29 Permanently restricted net assets ..... 4,742,753 29 5,505,115
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 119,214,330 33 179,103,466
34 Total liabilities and net assets/fund balances ..... 153,336,024 34 245,813,122
Form 990 (2010)
Form 990 (2010)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI . . . . . . . . . .
1
Total revenue (must equal Part VIII, column (A), line 12) . . .
1
250,605,858
2
Total expenses (must equal Part IX, column (A), line 25) . . . . .
2
191,578,152
3
Revenue less expenses. Subtract line 2 from line 1 . . . .
3
59,027,706
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . .
4
119,214,330
5
Other changes in net assets or fund balances (explain in Schedule O) . . . .
5
861,430
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) . . . . . .
6
179,103,466
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII . . . . . . . . . .
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?..
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O............................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
Yes
 
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
Yes
 
Form 990 (2010)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
United States Olympic Committee
 
Employer identification number

13-1548339
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization? ................
11g(i)
 
 
(ii) a family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
(i)
Name of supported organization 		(ii)
EIN 		(iii)
Type of organization (described on lines 1- 9 above or IRC section (see instructions)) 		(iv)
Is the organization in col. (i) listed in your governing document? 		(v)
Did you notify the organization in col. (i) of your support? 		(vi)
Is the organization in col. (i) organized in the U.S.? 		(vii)
Amount of support?
Yes No Yes No Yes No
Total                  

For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 31,951,176 51,320,449 51,843,740 53,488,865 66,567,049 255,171,279
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3.. 31,951,176 51,320,449 51,843,740 53,488,865 66,567,049 255,171,279
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..            
6 Public Support. Subtract line 5 from line 4.           255,171,279
Section B. Total Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
7 Amounts from line 4.. 31,951,176 51,320,449 51,843,740 53,488,865 66,567,049 255,171,279
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. 90,288,204 87,597,658 96,218,659 61,524,434 71,864,152 407,493,107
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets.. 829,323 1,612,085 1,118,135 909,190 1,347,028 5,815,761
11 Total support (Add lines 7 through 10).           668,480,147
12
12
340,037,165
13
Section C. Computation of Public Support Percentage
14
14
38.170 %
15
15
33.680 %
16a
b
17a
b
18
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public Support (Subtract line 7c from line 6.)            
Section B. Total Support
Calendar year (or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)            
13 Total support (Add lines 9, 10c, 11 and 12.).            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
The United States Olympic committee is tax-exempt under Internal Revenue Code (IRC) Section 501(a), as an organization described in IRC Section 501(c)(3). It is recognized as a publicly supported organization under IRC Section 170(b)(1)(a)(vi).The 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 USOC exercises exclusive jurisdiction over all matters pertaining to the participation of the United States in the Olympic, Paralympics, and Pan-American games. The USOC also represents the United States as its National Olympic Committee in relations with the International Olympic Committee and the Pan-American Sports Organization, and as the National Paralympics Committee with the International Paralympic Committee.See Part III Statement of Program Service Accomplishments for description of programs that accomplish the USOC's exempt purpose and mission.Based on its programs, the USOC continues to qualify as a publicly supported organization under IRC Section 170(b) (1) (a) (vi). For the year ended December 31, 2010, the USOC received 38.17 percent of its total support from public support, which meets the 33.33 percent requirement. The USOC actively solicits public support through its national direct mail solicitation program. The organization also has an ongoing major gift solicitation program directed at securing large cash donations from corporations and individuals.The USOC is a federally chartered not-for-profit corporation. The only governmental funding the organization receives is approximately 3.3% of total revenue and is designated for Paralympics military programs. It thus relies on its ability to generate revenue for its operations through contributions from the general public, royalty revenue from the sale of Olympic broadcasting rights and marks rights, all in support of its mission.The USOC's Board of Directors is composed of unpaid volunteer individuals, six members from the general public, three members selected from those nominated by the National Governing Bodies' Council, three members selected from those nominated by the Athletes' Advisory Council, any United States members of the IOC (currently three), and the CEO as an ex-offico, non-voting member.The USOC operates three training centers for the benefit of the United States athletes training to become members of various United States Olympic, Paralympic and Pan-American teams. The facilities are made available to other not-for-profit organizations on a space available basis for various meetings. The USOC is an active participant in promoting amateur sports and physical fitness in the United States. The USOC's promotion and awareness campaign of promoting sports and physical fitness is carried out through various educational programs, and often in conjunction with other organizations. For example, the USOC partnered with the Ad Council for a public awareness campaign targeting teens on the dangers of steroid use. The USOC hosts an annual program called F.L.A.M.E. (Finding Leaders Among Minorities Everywhere) to emphasize the importance of sport and leadership skills.We believe these facts and circumstances establish the USOC as an organization exempt under IRC Section 501(a), as an organization described in IRC Sections 501(c)(3) as a publicly supported organization described in IRC Sections 509(a)(1) and 170(b)(1)(a)(vi).
Explanation
Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous income Investment income Rental income Prof service fees Inventory sales
 
 
 
Schedule A (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
OMB No. 1545-0047
2010
Name of organization
United States Olympic Committee
 
Employer identification number

13-1548339
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule—
Special Rules
......................... Arrow Bullet   $    
Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part I
Name of organization
United States Olympic Committee
  		Employer identification number

13-1548339
Part I
Contributors (see Instructions)
     
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

     
RESTRICTED
RESTRICTED  
RESTRICTED, RESTRICTED   RESTRICTED

$RESTRICTED




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part II
Name of organization
United States Olympic Committee
  		Employer identification number

13-1548339
Part II
Noncash Property (see Instructions)
     
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part III
Name of organization
United States Olympic Committee
  		Employer identification number

13-1548339
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Additional Data


Software ID:  
Software Version:  
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below.
SchCMd Bullet Attach to Form 990 or Form 990-EZ. SchCMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
If the organization answered “Yes,” to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered “Yes,” to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)) Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered “Yes,” to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ, Part V, line 35a (Proxy Tax), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
United States Olympic Committee
 
Employer identification number

13-1548339
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization's direct and indirect political campaign activities on behalf of or in opposition to candidates for public office in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$  
3
Volunteer hours ........................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c) except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt funtion activities ....................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.










For Privacy Act and Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2010

Schedule C (Form 990 or 990-EZ) 2010
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check
B Check
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
Organization's
Totals 		(b) Affiliated Group
Totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......    
b Total lobbying expenditures to influence a legislative body (direct lobbying) .......    
c Total lobbying expenditures (add lines 1a and 1b) ...................    
d Other exempt purpose expenditures ........................    
e Total exempt purpose expenditures (add lines 1c and 1d) ...............    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
  If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:    
  Not over $500,00020% of the amount on line 1e.    
  Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.    
  Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.    
  Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.    
  Over $17,000,000$1,000,000.    
       
g Grassroots nontaxable amount (enter 25% of line 1f) .................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ......................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
  Calendar year (or fiscal year
beginning in) 		(a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) Total
             
2a Lobbying non-taxable amount          
             
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		         
             
c Total lobbying expenditures          
             
d Grassroots non-taxable amount          
             
e Grassroots ceiling amount
(150% of line 2d, column (e))		          
             
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2010


Schedule C (Form 990 or 990-EZ) 2010
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
(a)
Yes
No
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? .........................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
Yes
 
c
Media advertisements? ....................................
 
No
 
d
Mailings to members, legislators, or the public? .........................
 
No
 
e
Publications, or published or broadcast statements? .......................
 
No
 
f
Grants to other organizations for lobbying purposes? .......................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
Yes
 
146,627
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
No
 
i
Other activities? If "Yes," describe in Part IV ..........................
 
No
 
j
Total. lines 1c through 1i ...................................
146,627
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
 
3
Did the organization agree to carryover lobbying and political expenditures from the prior year? ..........
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) if BOTH Part III-A, lines 1 and 2 are answered “No” OR if Part III-A, line 3 is answered “Yes”.
1
Dues, assessments and similar amounts from members .....................
1
 
2
Section 162(e) non-deductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
 
b
Carryover from last year ....................................
2b
 
c
Total ...........................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
 
Part IV
Supplemental Information
Complete this part to provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; and Part ll-B, line 1i.
Also, complete this part for any additional information.
Identifier Return Reference Explanation
Explanation of Other Lobbying Activities: Part II-B, Line 1i: The USOC has been lobbying to get provisions included in the Fiscal Year 2011 and 2012 Defense Authorization and Defense Appropriations bills to fund the Paralympic Military Program and the Stupak Olympic Scholarships added to Labor, Health and Education Appropriation Bill for Fiscal Year 2011.
Schedule C (Form 990 or 990EZ) 2010

Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11, or 12.
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
United States Olympic Committee
 
Employer identification number

13-1548339
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit. ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a–2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06 ........ 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the taxable year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $ 96,424
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance .... 16,788,448 5,270,718 6,998,289
b Contributions ........ 14,997,900 11,023,342 696,072
c Investment earnings or losses ... 528,406 937,217 -1,383,636
d Grants or scholarships ..... 799,571 442,829 1,040,007
e Other expenditures for facilities
and programs ........ 		     
f Administrative expenses ....      
g End of year balance ...... 31,515,183 16,788,448 5,270,718
2
Provide the estimated percentage of the year end balance held as:
a
Board designated or quasi-endowment: SchDMd Bullet3.000 %
b
Permanent endowment: SchDMd Bullet18.000 %
c
Term endowment: SchDMd Bullet79.000 %
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
No
(ii) related organizations ........................
3a(ii)
Yes
 
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
Yes
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Investments—Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of investment (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................   8,753,200 8,753,200
b Buildings ................   132,897,890 64,449,999 68,447,891
c Leasehold improvements ............   14,427,136 8,684,576 5,742,560
d Equipment ................   31,995,622 22,607,549 9,388,073
e Other .................   4,375,376   4,375,376
Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(c).)........SchDMdBullet 96,707,100
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
Other








Total. (Column (b) should equal Form 990, Part X, col.(B) line 12.)Small Bullet  
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1) Investments- Temporarily Restricted 19,219,001








Total. (Column (b) should equal Form 990, Part X, col.(B) line 15.)...........Small Bullet 19,219,001
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Amount
Federal Income Taxes  








Total. (Column (b) should equal Form 990, Part X, col.(B) line 25.)Small Bullet  
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1  
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2  
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3  
4 Net unrealized gains (losses) on investments .......................... 4  
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV) ................................. 8  
9 Total adjustments (net). Add lines 4 - 8 ............................. 9  
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10  
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIV): ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total Revenue. Add lines 3 and 4c. (This should equal Form 990, Part I, line 12.) ...... 5  
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d...................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIV): ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This should equal Form 990, Part I, line 18.) ...... 5  
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
  Part III, Line 4: The USOC owns two Olympic-themed paintings by a renowned painter, bronze sculptures and several Olympic artifacts, which preserve the history of the Olympic movement in the United States.
Description of Intended Use of Endowment Funds: Part V, Line 4: Income from restricted funds is used to provide grants and support for US Olympic athletes.
Description of Uncertain Tax Positions Under FIN 48: Part X: As required by the uncertain tax position guidance, the Committee recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The adoption of this guidance did not have a material effect on the Committee's condensed consolidated financial statements.
Schedule D (Form 990) 2010

Additional Data


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Software Version:  




SCHEDULE F
(Form 990)

Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,
Part IV, line 14b, 15, or 16.
Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
United States Olympic Committee
 
Employer identification number

13-1548339
Part I
General Information on Activities Outside the United States. Complete if the organization answered
“Yes” to Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of the grants or
assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award
the grants or assistance? ...................................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of grant funds outside the
United States.
3
Activites per Region. (Use Part V if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees or agents in region or independent contractors (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total
expenditures for region/investments
in region
Central America and the Caribbean     Program Services Olympic movement meetings, collaborations and sporting competitions. 251,397
East Asia and the Pacific     Program Services Olympic movement meetings, collaborations and sporting competitions. 339,223
Europe (including Iceland and Greenland)     Program Services Olympic movement meetings, collaborations and sporting competitions. 2,513,946
Middle East and North Africa     Program Services Olympic movement meetings, collaborations and sporting competitions. 50,516
North America     Program Services The Olympic and Paralympic Games were held in Vancouver, Canada in February and March 2010. The USOC paid for services and items related to the Games. 2,548,965
Russia and the Newly Independent States     Program Services Olympic movement meetings, collaborations and sporting competitions. 4,418
South America     Program Services Olympic movement meetings, collaborations and sporting competitions. 72,698
Sub-Saharan Africa     Program Services Olympic movement meetings, collaborations and sporting competitions. 39,809
           
           
           
           
           
           
           
           
           
3a Sub-total .....   0 5,820,972
b Total from continuation sheets to Part I ...   0 0
c Totals (add lines 3a and 3b)   0 5,820,972
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990,
Part IV, line 15, for any recipient who received more than $5,000. Check this box if no one recipient received more than $5,000 ........ MediumBullet
Use Part V if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount of
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
Europe International Games Cost Sharing 5,500,000 Check      
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2
Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .....MediumBullet
 
3
Enter total number of other organizations or entities ........................MediumBullet
1
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Use Part V if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926 (see instructions for Form 926).................
2 Did the organization have an interest in a foreign trust during the tax year? If " Yes," the organization may be required to file Form 3520 and/or Form 3520-A. (see instructions for Forms 3520 and 3520-A)..........
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with respect to Certain Foreign Corporations. (see instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621, Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see instructions for Form 8621)
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with respect to Certain Foreign Partnerships. (see instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see instructions for Form 5713)................................................
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 5
Part V
Supplemental Information
Complete this part to provide the information (see instructions) required in Part I, line 2, and any additional information.
Identifier ReturnReference Explanation
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
Schedule F (Form 990) 2010
Additional Data


Software ID:  
Software Version:  



Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
United States Olympic Committee
 
Employer identification number
13-1548339
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) Adaptive AdventuresPO Box 2245
Evergreen,CO80437 		84-1512653 501(c)(3) 11,667       Furthering Olympic and Paralympic Sport
(2) USA Archery1 Olympic Plaza
Colorado Springs,CO80909 		36-6118407 501(c)(3) 608,447       Furthering Olympic and Paralympic Sport
(3) Association of Amputee SurfersPO Box 5045
Sanluis Obispo,CA93403 		68-0569858 501(c)(3) 8,333       Furthering Olympic and Paralympic Sport
(4) US Badminton Association1 Olympic Plaza
Colorado Springs,CO80909 		84-1474714 501(c)(3) 276,028       Furthering Olympic and Paralympic Sport
(5) USA Basketball5465 Mark Dabling Blvd
Colorado Springs,CO80918 		37-0996441 501(c)(3) 800,916       Furthering Olympic and Paralympic Sport
(6) Bay Area Outreach & Recreation Prog Inc600 Bancroft Way
Berkeley,CA94710 		94-2324340 501(c)(3) 10,250       Furthering Olympic and Paralympic Sport
(7) US Biathalon Association49 Pineland Dr 301A
New Gloucester,ME04260 		03-0279959 501(c)(3) 922,527       Furthering Olympic and Paralympic Sport
(8) Blazesports America280 Interstate North Circle NW 450
Atlanta,GA30339 		58-2087265 501(c)(3) 113,731       Furthering Olympic and Paralympic Sport
(9) US Association for Blind Athletes33 N Institute St
Colorado Springs,CO80903 		31-0977121 501(c)(3) 187,750       Furthering Olympic and Paralympic Sport
(10) Bobsled & Skeleton Fed1631 Mesa Ave
Colorado Springs,CO80906 		16-1172380 501(c)(3) 1,717,913       Furthering Olympic and Paralympic Sport
(11) USA Boxing Federation1 Olympic Plaza
Colorado Springs,CO80909 		31-1012361 501(c)(3) 482,009       Furthering Olympic and Paralympic Sport
(12) Breckenridge Outdoor Education CenterPO Box 697
Breckenridge,CO80424 		84-0725560 501(c)(3) 11,667       Furthering Olympic and Paralympic Sport
(13) USA Canoe & Kayak Team301 S Tryon St 1750
Charlotte,NC28282 		36-3332979 501(c)(3) 728,254       Furthering Olympic and Paralympic Sport
(14) Capital Rowing Club IncPO Box 66211
Washington,DC200356211 		52-1725928 501(c)(3) 8,583       Furthering Olympic and Paralympic Sport
(15) Casper Mountain Biathlon Club1255 Grimson Dawn Rd
Casper,WY82601 		27-0653711 501(c)(3) 5,000       Furthering Olympic and Paralympic Sport
(16) Central Cross Country Skiing IncPO Box 930442
Verona,WI53593 		39-2008660 501(c)(3) 53,846       Furthering Olympic and Paralympic Sport
(17) Challenge AspenPO BOX 6639
Snowmass Village,CO81615 		84-1315910 501(c)(3) 73,833       Furthering Olympic and Paralympic Sport
(18) Challenged Athletes IncPO Box M
Aspen,CO81612 		84-1315910 501(c)(3) 130,000       Furthering Olympic and Paralympic Sport
(19) Champions Made From Adversity IncPO Box 980
Evans,GA30809 		06-1823432 501(c)(3) 108,583       Furthering Olympic and Paralympic Sport
(20) Charles T Sitrin Health Care Center Inc2050 Tilden Ave
New Hartford,NY13413 		22-3100745 501(c)(3) 8,333       Furthering Olympic and Paralympic Sport
(21) City of Colorado Springs30 S Nevada Ave
Colorado Springs,CO80903 		84-6000573 Municipality 234,213       Furthering Olympic and Paralympic Sport
(22) Community Rowing Inc20 Nonantum Rd
Brighton,MA02135 		04-2863756 501(c)(3) 11,667       Furthering Olympic and Paralympic Sport
(23) Courage Center3915 Golden Valley Rd
Golden Valley,MN55422 		41-0706118 501(c)(3) 79,000       Furthering Olympic and Paralympic Sport
(24) USA Curling Association5525 Clems Way
Stevens Point,WI54481 		36-6066248 501(c)(3) 703,585       Furthering Olympic and Paralympic Sport
(25) USA Cycling1 Olympic Plaza
Colorado Springs,CO80909 		84-1284437 501(c)(3) 1,068,617       Furthering Olympic and Paralympic Sport
(26) Disabled Sports Eastern SierraPO Box 7275
Mammoth Lakes,CA93546 		31-1732524 501(c)(3) 8,333       Furthering Olympic and Paralympic Sport
(27) Disabled Sports USA451 Hungerford Dr Ste 100
Rockville,MD20850 		94-6174016 501(c)(3) 500,000       Furthering Olympic and Paralympic Sport
(28) Disabled Sports USA Far West6060 Sunrise Vista Dr 2540
Citrus Heights,CA95610 		68-0024920 501(c)(3) 8,333       Furthering Olympic and Paralympic Sport
(29) USA Diving132 E Washington St 850
Indianapolis,IN46204 		31-0986868 501(c)(3) 971,049       Furthering Olympic and Paralympic Sport
(30) US Equestrian Federation4047 Iron Works Pkwy
Lexington,KY40511 		56-2350714 501(c)(3) 1,200,703       Furthering Olympic and Paralympic Sport
(31) US Fencing Association711 N Tejon
Colorado Springs,CO80903 		11-6075952 501(c)(3) 838,998       Furthering Olympic and Paralympic Sport
(32) USA Field Hockey Association711 N Tejon
Colorado Springs,CO80903 		23-6299893 501(c)(3) 819,017       Furthering Olympic and Paralympic Sport
(33) US Figure Skating Association20 First Street
Colorado Springs,CO80906 		84-0768715 501(c)(3) 1,023,025       Furthering Olympic and Paralympic Sport
(34) Fitness Challenge Foundation23679 Calabasas Rd 420
Calabasas,CT91302 		20-2252840 501(c)(3) 6,667       Furthering Olympic and Paralympic Sport
(35) Friends of the County Parks & Recreation10119 Windhorst Rd
Tampa,FL336197827 		59-3088915 501(c)(3) 67,092       Furthering Olympic and Paralympic Sport
(36) Fullerton Aquatics Sports Team IncPO Box 5468
Fullerton,CA92838 		33-0092636 501(c)(3) 99,000       Furthering Olympic and Paralympic Sport
(37) Great Lakes Adaptive Sports Assoc400 E Illinois Rd
Lake Forest,IL60045 		36-4285965 501(c)(3) 15,833       Furthering Olympic and Paralympic Sport
(38) Greater Metro Parks Foundation4702 S 19th St
Tacoma,WA984051175 		91-1482669 501(c)(3) 15,173       Furthering Olympic and Paralympic Sport
(39) USA Gymnastics132 E Washington 700
Indianapolis,IN46204 		75-1847871 501(c)(3) 1,619,359       Furthering Olympic and Paralympic Sport
(40) US Federation HandcyclingPO Box 2245
Evergreen,CO80437 		84-1491335 501(c)(3) 5,000       Furthering Olympic and Paralympic Sport
(41) USA Hockey1775 Bob Johnson Dr
Colorado Springs,CO80906 		51-0204742 501(c)(3) 1,471,997       Furthering Olympic and Paralympic Sport
(42) Ignite Adaptive SportsPO Box 19016
Boulder,CO803082016 		84-0798064 501(c)(3) 6,667       Furthering Olympic and Paralympic Sport
(43) Injured Marine Semper FI FundBox 555193
Camp Pendleton,CA92055 		26-0086305 501(c)(3) 76,000       Furthering Olympic and Paralympic Sport
(44)  
 
  		          Furthering Olympic and Paralympic Sport
(45) US Judo Inc1 Olympic Plaza
Colorado Springs,CO80909 		74-2160691 501(c)(3) 592,096       Furthering Olympic and Paralympic Sport
(46) USA National Karate Do Federation1631 Mesa Ave
Colorado Springs,CO80906 		91-1646543 501(c)(3) 19,256       Furthering Olympic and Paralympic Sport
(47) Lakeshore Foundation4000 Ridgeway Dr
Birmingham,AL35209 		63-0288847 501(c)(3) 173,800       Furthering Olympic and Paralympic Sport
(48) US Luge Association57 Church St
Lake Placid,NY12946 		14-1638206 501(c)(3) 806,027       Furthering Olympic and Paralympic Sport
(49) Mesa Association of Sports for Disabled59 E Broadway Rd
Mesa,AZ85210 		86-0643471 501(c)(3) 16,655       Furthering Olympic and Paralympic Sport
(50) Milwaukee Public Schools Foundation IncPO Box 2181
Milwaukee,WI53201 		39-1919112 501(c)(3) 10,000       Furthering Olympic and Paralympic Sport
(51) National Ability Center1000 Ability Way
Park City,UT84060 		94-3025807 501(c)(3) 18,583       Furthering Olympic and Paralympic Sport
(52) National Recreation & Park Assoc22377 Belmont Road
Ashburn,VA20148 		13-5563001 501(c)(3) 252,500       Furthering Olympic and Paralympic Sport
(53) National Rehabilitation Hospital Inc102 Irving Street NW
Washington,DC20010 		52-1369749 501(c)(3) 132,750       Furthering Olympic and Paralympic Sport
(54) Native American Sports Council1255 Lake Plaza Dr 255
Colorado Springs,CO80906 		84-1244879 501(c)(3) 40,000       Furthering Olympic and Paralympic Sport
(55) New England Chapter Paralyzed Veterans1600 Providence Highway 143
Walpole,MA02081 		04-6112881 501(c)(3) 8,333       Furthering Olympic and Paralympic Sport
(56) New England Disabled SportsPO Box 26
Lincoln,NH03251 		02-0460732 501(c)(3) 15,000       Furthering Olympic and Paralympic Sport
(57) New England Nordic Ski Association49 Pineland Dr 301A
New Gloucester,ME04260 		02-0484887 501(c)(3) 33,333       Furthering Olympic and Paralympic Sport
(58) North Baltimore Aquatic Club IncPO Box 20801
Baltimore,MD21209 		23-7115717 501(c)(3) 100,000       Furthering Olympic and Paralympic Sport
(59) Northeast Passage Program4 Library Way
Durham,NH03824 		02-6000937 501(c)(3) 13,333       Furthering Olympic and Paralympic Sport
(60) Olympians for Olympians Relief Fund1 Olympic Plaza
Colorado Springs,CO80909 		84-1477252 501(c)(3) 25,000       Furthering Olympic and Paralympic Sport
(61) Operation ComfortPO Box 4010
Lago Vista,TX78209 		86-1123065 501(c)(3) 40,000       Furthering Olympic and Paralympic Sport
(62) Outdoors for All Foundation2 Nickerson St 101
Seattle,WA98109 		91-1085999 501(c)(3) 5,250       Furthering Olympic and Paralympic Sport
(63) Partnership for Clean Competition1 Olympic Plaza
Colorado Springs,CO80909 		42-1763805 501(c)(3) 52,721       Furthering Olympic and Paralympic Sport
(64) Paralyzed Veterans of America801 18th Street NW
Washington,DC20006 		13-1946868 501(c)(3) 400,000       Furthering Olympic and Paralympic Sport
(65) Paralyzed Veterans of America (Bay Area)3801 Miranda Ave A1-219
Palo Alto,CA94304 		94-6132553 501(c)(3) 21,154       Furthering Olympic and Paralympic Sport
(66) Paralyzed Veterans of America Florida Gu15435 N Florida Ave
Tampa,FL33613 		23-7037565 501(c)(3) 32,608       Furthering Olympic and Paralympic Sport
(67) USA Pentathlon Inc1 Olympic Plaza
Colorado Springs,CO80909 		26-3563446 501(c)(3) 325,669       Furthering Olympic and Paralympic Sport
(68) US Racquetball Association1685 W Uintah
Colorado Springs,CO80904 		73-0954204 501(c)(3) 18,000       Furthering Olympic and Paralympic Sport
(69) Rehabilitation Institute of Chicago345 E Superior 1511
Chicago,IL60611 		36-2256036 501(c)(3) 30,000       Furthering Olympic and Paralympic Sport
(70) Riekes Center for Human Enhancement3455 Edison Way
Menlo Park,CA94015 		94-3224127 501(c)(3) 46,559       Furthering Olympic and Paralympic Sport
(71) USA Roller SportsPO Box 6579
Lincoln,NE68506 		47-0550989 501(c)(3) 68,087       Furthering Olympic and Paralympic Sport
(72) US Rowing Association2 Wall Street
Princeton,NJ08450 		23-6275472 501(c)(3) 1,286,496       Furthering Olympic and Paralympic Sport
(73) USA Rugby2500 Arapahoe Ave Ste 200
Boulder,CO80302 		16-1118870 501(c)(3) 92,434       Furthering Olympic and Paralympic Sport
(74) US Sailing AssociationPO Box 1260
Portsmouth,RI02871 		13-1671529 501(c)(3) 1,076,937       Furthering Olympic and Paralympic Sport
(75) San Antonio Sports FoundationPO Box 830386
San Antonio,TX78283 		74-2471362 501(c)(3) 10,000       Furthering Olympic and Paralympic Sport
(76) San Diego Rowing Club IncPO Box 99856
San Diego,CA92169 		95-1185630 501(c)(3) 8,333       Furthering Olympic and Paralympic Sport
(77) San Jose State UniversityOne Washington Square
San Jone,CA951920042 		77-0414438   15,180       Furthering Olympic and Paralympic Sport
(78) Science Applications International CorpPO Box 223058
Pittsburgh,PA152512058 		95-3630868   110,216       Furthering Olympic and Paralympic Sport
(79) USA Shooting1 Olympic Plaza
Colorado Springs,CO80909 		84-1263863 501(c)(3) 1,132,430       Furthering Olympic and Paralympic Sport
(80) US Ski & Snowboard Association1500 Kearns Blvd
Park City,UT84060 		87-0480724 501(c)(3) 3,876,993       Furthering Olympic and Paralympic Sport
(81) US Soccer Federation1801 S Prairie Ave
Chicago,IL60616 		13-5591991 501(c)(3) 599,702       Furthering Olympic and Paralympic Sport
(82) Amateur Softball Association of America2801 NE 50th St
Oklahoma City,OK73111 		23-7132249 501(c)(3) 75,665       Furthering Olympic and Paralympic Sport
(83) Spaulding Rehabilitation Hospital Corp125 Nashua St
Boston,MA02114 		04-2551124 501(c)(3) 100,000       Furthering Olympic and Paralympic Sport
(84) US Speedskating AssociationPO Box 18370
Kearns,UT84118 		43-6065836 501(c)(3) 2,630,432       Furthering Olympic and Paralympic Sport
(85) Sportable Richmond Adaptive Sport & RecPO Box 7046
Richmond,VA23221 		20-8924701 501(c)(3) 13,333       Furthering Olympic and Paralympic Sport
(86) Stride IncPO Box 778
Rensselaer,NY12144 		14-1732830 501(c)(3) 8,000       Furthering Olympic and Paralympic Sport
(87) Sun Valley Adaptive SportsPO Box 6791
Ketchum,ID83340 		82-0512146 501(c)(3) 6,667       Furthering Olympic and Paralympic Sport
(88) USA Swimming1 Olympic Plaza
Colorado Springs,CO80909 		31-0981848 501(c)(3) 2,384,979       Furthering Olympic and Paralympic Sport
(89) USA Synchronized Swimming201 S Capitol 901
Indianapolis,IN46225 		31-0994560 501(c)(3) 487,444       Furthering Olympic and Paralympic Sport
(90) USA Table Tennis1 Olympic Plaza
Colorado Springs,CO80909 		51-6016365 501(c)(3) 146,350       Furthering Olympic and Paralympic Sport
(91) USA Taekwondo1 Olympic Plaza
Colorado Springs,CO80909 		52-1194967 501(c)(3) 608,007       Furthering Olympic and Paralympic Sport
(92) US Team Handball FederationPO Box 581486
Salt Lake City,UT84158 		20-2179012 501(c)(3) 335,552       Furthering Olympic and Paralympic Sport
(93) US Tennis Association70 West Red Oak Lane
White Plains,NY10604 		13-5459420 501(c)(3) 30,000       Furthering Olympic and Paralympic Sport
(94) Texas Rowing for All (TX Rowing Center)5715 Bexley Ct
Austin,TX78739 		03-0436262 501(c)(3) 5,250       Furthering Olympic and Paralympic Sport
(95) USA Track & Field132 E Washington 800
Indianapolis,IN46204 		35-1475463 501(c)(3) 4,401,508       Furthering Olympic and Paralympic Sport
(96) USA Triathlon1365 Garden of the Gods Rd
Colorado Springs,CO80907 		68-0047940 501(c)(3) 547,407       Furthering Olympic and Paralympic Sport
(97) Underwater Warriors Foundation Inc5123 Nashville Highway
Chapel Hill,TN37034 		20-4805921 501(c)(3) 8,000       Furthering Olympic and Paralympic Sport
(98) University of Central OklahomaPO Box 107
Edmond,OK73034 		73-6017987 State University 125,000       Furthering Olympic and Paralympic Sport
(99) Utah Athletic Foundation5662 S Cougar Lane
Kearns,UT84118 		84-1367913 501(c)(3) 450,000       Furthering Olympic and Paralympic Sport
(100) Vail Veterans Foundation IncPO Box 6473
Vail,CO81657 		20-5254885 501(c)(3) 75,000       Furthering Olympic and Paralympic Sport
(101) USA Volleyball Association715 S Circle Dr
Colorado Springs,CO80910 		95-2639808 501(c)(3) 1,182,344       Furthering Olympic and Paralympic Sport
(102) USA Water Polo2124 S Main St 210
Huntington Beach,CA92648 		84-1357609 501(c)(3) 942,086       Furthering Olympic and Paralympic Sport
(103) USA Water SKI1251 Holy Cow Rd
Polk City,FL33868 		59-0841458 501(c)(3) 18,000       Furthering Olympic and Paralympic Sport
(104) USA Weightlifting1 Olympic Plaza
Colorado Springs,CO80909 		31-1012362 501(c)(3) 309,837       Furthering Olympic and Paralympic Sport
(105) Wood River Ability ProgramPO Box 800
Sun Valley,ID83353 		61-1497992 501(c)(3) 6,667       Furthering Olympic and Paralympic Sport
(106) Wreckers Inc1801 Rock Creek Dr
Round Rock,TX78681 		81-0647983 501(c)(3) 6,667       Furthering Olympic and Paralympic Sport
(107) USA Wrestling6155 Lehman Dr
Colorado Springs,CO809183439 		36-2667348 501(c)(3) 1,409,103       Furthering Olympic and Paralympic Sport
2
Enter total number of section 501(c)(3) and government organizations ......................... Bullet Image
103
3
Enter total number of other organizations ................................ . Bullet Image
3
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2010

Schedule I (Form 990) 2010
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) Athlete performance pool - support training 1696 11,526,613      
(2) Elite Athlete Health Insurance and other medical benefits for athletes 1072 6,793,396      
(3) Operation Gold - awarding top place finishes 532 2,884,976      
(4) Special grants not already included above 102 158,735      
(5) Tuition assistance to pursue a college degree 78 137,445      





Part IV
Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
Identifier Return Reference Explanation
Other Information: Part IV: USOC grant funds awarded to National Governing Bodies (NGBs) are agreed upon and administered through a Performance Partnership Agreement (PPA). The approved projects and payment schedule are outlined and agreed upon in the PPA. NGBs receive payments from the USOC on a quarterly basis. Prior to releasing funds, NGBs are required to provide a quarterly report outlining the amount of dollars spent on each of the USOC approved projects. At the end of the year NGBs are required to provide a final report on each of the USOC approved projects. The NGBs are then periodically audited by the USOC Audit Division. The Direct Athlete Support Program is also agreed upon and administered though the PPA. The payment schedule for athletes is outlined in the PPA as well and typically the payments are either monthly or quarterly. The NGB submits the athlete designation list and a signed (by the athlete) athlete support designee form before the USOC will begin the process for athlete payments. Prior to payments being made to an athlete, we confirm that the athlete is compliant with anti-doping requirements. Once we confirm compliance the athlete will then be paid. There are no reporting requirements for the athlete other than maintaining their competitive status in their sport.
Schedule I (Form 990) 2010


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
United States Olympic Committee
 
Employer identification number

13-1548339
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement orprovision of all the expenses described above? If "No," complete Part III to explain....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ...............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? ........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regs. section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 50053T
Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use Schedule J-1 if additional space needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported in prior
Form 990 or
Form 990-EZ
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1) Scott A Blackmun (i)
(ii)		 425,995
0 		67,950
0 		33,750
0 		100,000
0 		10,712
0 		638,407
0 		0
0
(2) Rana K Dershowitz (i)
(ii)		 255,986
0 		76,440
0 		0
0 		18,375
0 		6,209
0 		357,010
0 		0
0
(3) Walter R Glover (i)
(ii)		 213,923
0 		66,518
0 		0
0 		16,377
0 		9,807
0 		306,625
0 		0
0
(4) Stephanie Streeter (i)
(ii)		 135,385
0 		0
0 		28,137
0 		0
0 		71
0 		163,593
0 		0
0
(5) Norman D Bellingham (i)
(ii)		 395,503
0 		160,680
0 		0
0 		18,375
0 		11,686
0 		586,244
0 		0
0
(6) Lisa P Baird (i)
(ii)		 332,684
0 		111,400
0 		0
0 		18,375
0 		284
0 		462,743
0 		0
0
(7) Michael D English (i)
(ii)		 214,323
0 		66,509
0 		0
0 		16,350
0 		11,686
0 		308,868
0 		0
0
(8) Russell C Huebner (i)
(ii)		 184,202
0 		59,280
0 		0
0 		14,652
0 		11,686
0 		269,820
0 		0
0
(9) Janine Musholt (i)
(ii)		 189,001
0 		56,160
0 		0
0 		14,288
0 		6,647
0 		266,096
0 		0
0
(10) Alan Ashley (i)
(ii)		 167,867
0 		34,290
0 		0
0 		13,062
0 		9,807
0 		225,026
0 		0
0
(11) Patrick Sandusky (i)
(ii)		 272,232
0 		25,000
0 		109,788
0 		0
0 		9,739
0 		416,759
0 		0
0
(12) Robert J Fasulo (i)
(ii)		 182,635
0 		82,945
0 		117,309
0 		56,857
0 		7,791
0 		447,537
0 		0
0
(13) John L McWilliams (i)
(ii)		 109,880
0 		103,000
0 		196,405
0 		0
0 		1,788
0 		411,073
0 		0
0
(14) Larry M Buendorf (i)
(ii)		 183,832
0 		56,238
0 		0
0 		13,846
0 		3,973
0 		257,889
0 		0
0
(15) Carolina Bayon (i)
(ii)		 148,118
0 		30,139
0 		45,000
0 		11,248
0 		11,630
0 		246,135
0 		0
0
(16) James E Scherr (i)
(ii)		 0
0 		0
0 		116,252
0 		0
0 		0
0 		116,252
0 		116,252
0
Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Identifier Return Reference Explanation
  Part I, Line 1a First-class or charter travel The CEO and COO may fly business or first-class at their discretion on domestic and international flights. Managing Directors and above may fly business class at their discretion on flights with segments of five hours or more in duration. The USOC has determined that it is sometimes beneficial for Board members to have their spouses accompany them to particular events, such as the Olympic Games. In such cases if expenses are paid by the USOC, the costs associated with the spouses travel is reported to the Board member as 1099-MISC income as taxable wages. Housing allowance or residence for personal use The USOC provided a housing allowance for the Acting CEO and Chief of Human Resources, which was compensatory to those individuals. The amounts were grossed up for tax purposes.
  Part I, Line 4a The following severance payments were made to employees listed in Part II James Scherr $116,252 Robert Fasulo $94,739 John McWilliams $175,000
Supplemental Information Part III Part I, Line 7 The compensation philosophy of the USOC is that base pay plus at-risk bonus is the market rate for all full-time and part-time positions. At-risk bonus compensation is based upon a combination of organizational and individual goal attainment. The Board of Directors determines the organizational achievement by using a performance screen which identifies and quantifies annual goals and objectives for the organization. One of those goals is meeting the board approved annual budget. The Board of Directors determines the attainment of these goals over the course of the year and at year end expresses them as a percentage of the goals. Once that percentage is determined it is applied across the organization in a consistent formula based upon an individual's job grade with a cap applied at the high end.
Schedule J (Form 990) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
NonCash Contributions
Right pointing arrow large imageComplete if the organization answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
United States Olympic Committee
 
Employer identification number

13-1548339
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of Contributions or items contributed 		(c)
Contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
contribution amounts
1 Art—Works of art ....        
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded .        
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial .. X 2 19,752,454 Opinions of experts
17 Real estate—Other ...        
18 Collectibles .....        
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( Athletic Equipment ) X 1 40,200 Cost or selling price
26 Other Right pointing arrow large image( )
27 Other Right pointing arrow large image( )
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...
29
 
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 that it
must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell non-cash
contributions? ............................
32a
 
No
b
If "Yes," describe in Part II.
33
If the organization did not report revenues in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) 2010
Schedule M (Form 990) 2010
Page 2
Part II
Supplemental Information. Complete this part to provide the information required by Part I, lines 30b,
32b, and 33. Also complete this part for any additional information.
Identifier Return Reference Explanation
Schedule M (Form 990) 2010
Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
United States Olympic Committee
 
Employer identification number

13-1548339
Identifier Return Reference Explanation
Form 990, Part VI, Section A, line 1   Members of the USOC board who also serve on the International Olympic Committee's (IOC) Board of Directors are allocated one vote and all other members are allocated two votes. For 2010 there were three members of the board who also served on the IOC board.
Form 990, Part VI, Section A, line 4   The Board of Directors voted to expand the board by adding four new director positions. This was implemented at the recommendations of the Paul Tagliabue-led independent advisory committee. The four seats are designated to be filled by two independent directors, one representative of the National Governing Body Council (NGBC) and one representative of the Athletes' Advisory Council (AAC). The CEO was added as an ex-officio, non-voting member.
Form 990, Part VI, Section B, line 11   A completed copy of the USOC Form 990 will be provided to the Board of Directors prior to the filing date. Any questions or concerns will be directed to the attention of the CFO and the Chair of the Audit Committee. The CFO will meet or conduct a conference call with the Audit Committee to discuss any issues or concerns that are brought up by the USOC board members. The CFO will take immediate action to resolve any outstanding issues raised by the members of the board or the Audit Committee. The Audit Committee will formally approve the completed 990 prior to it being filed with the Internal Revenue Service.
  Form 990, Part VI, Section B, line 12c The USOC obtains annual certifications from the organization's staff and Board of Directors. The Ethics Officer reviews the completed disclosure statements and provides copies to the Chair of the Ethics Committee on an annual basis. The Chair of the Ethics Committee has the discretion to share the disclosure statements with the entire Ethics Committee, Board of Directors and/or CEO. The Ethics Officer and the Chair of the Ethics Committee determine whether a conflict exists and so mark their decision on the disclosure statement, also indicating the required corrective action should they determine that a conflict exists (which may include, but is not limited to, prohibiting the person from participation in the organization's deliberations and decisions in the transaction).
  Form 990, Part VI, Section B, line 15 All Employee Compensation The USOC has an established salary structure consisting of 22 overlapping, symmetrical salary ranges (grades A through V). Each range includes a minimum, midpoint, and maximum pay level. The salary ranges have been developed by blending our compensation philosophy, nationally available independent salary survey data and economic business conditions. A job description for each job title is established in cooperation with the employee and the supervisor, with final approval by human resources (HR). Final determination of the pay grade may also take into account available data regarding salaries paid for similar jobs in the marketplace as well as internal equity considerations. All full-time and part-time regular employees are eligible for annual merit increases based upon performance. The approved merit pool for all employees is determined by the Compensation Committee of the USOC Board of Directors (BOD) based on compensation philosophy, nationally available independent salary survey data, economic conditions and the recommendations of management. All full-time and part-time regular employees are eligible for at-risk bonus compensation based upon organizational goal attainment as determined by the board of directors and individual goal attainment. CEO Compensation Merit increases and at risk compensation is determined by the Compensation Committee for the CEO using processes similar to those described above for all employees. The Compensation Committee then provides a written confirmation of the process and outcome to human resources and finance for documentation and audit purposes.
  Form 990, Part VI, Section C, line 19 United States Olympic Committee's By-Laws, Code of conduct, and the Annual Report, which includes financial statements, can be found on their website at www.teamusa.org.
Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 861,430.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
United States Olympic Committee
 
Employer identification number

13-1548339
Part I
Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)
(a)
Name, address, and EIN of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income
(e)
End-of-year assets


 		(f)
Direct controlling
entity

















Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled organization
Yes No
(1) United States Olympic Foundation

10 Lake Circle

Colorado Springs,CO80906
74-2327838 		Endowment CO 501(c)(3) Line 11, Type I: 509 N/A
 
No












For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) SportsMed LLC

One Olympic Plaza
Colorado Springs,CO80909
84-1307449 		Medical care for athletes CO N/A
 Related       No     No  












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)
(a)
Name, address, and EIN of related organization



 		(b)
Primary activity



 		(c)
Legal domicile
(state or
foreign
country)
 		(d)
Direct controlling
entity


 		(e)
Type of entity
(C corp, S corp,
or trust)

 		(f)
Share of total income



 		(g)
Share of
end-of-year
assets

 		(h)
Percentage
ownership












Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III or IV.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
 
No
c Gift, grant, or capital contribution from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
Yes
 
d Loans or loan guarantees to or for other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
 
No
e Loans or loan guarantees by other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Sale of assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Purchase of assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Exchange of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Lease of facilities, equipment, or other assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Performance of services or membership or fundraising solicitations for other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations by other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Sharing of facilities, equipment, mailing lists, or other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of paid employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1n
 
No
o Reimbursement paid to other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid by other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Other transfer of cash or property to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
 
No
r Other transfer of cash or property from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of other organization 		(b)
Transaction
type(a-r) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1)
(2)
(3)
(4)
(5)
(6)
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Are all
partners
section
501(c)(3)
organizations? 		(e)
Share of
end-of-year
assets 		(f)
Disproprtionate allocations? 		(g)
Code V—UBI
amount in box
20 of Schedule K-1
(Form 1065) 		(h)
General or
managing
partner?
Yes No Yes No Yes No






























Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 5
Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see instructions).
Identifier Return Reference Explanation
Additional Data


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