The International Olympic Committee is entirely privately funded and ever since the first modern Olympic Games in Athens in 1896 it has relied upon contributions from commercial partners in order to stage the Games and support the Olympic Movement.
The IOC redistributes 90% of its revenue, meaning that every day the equivalent of over USD 4.2 million is distributed to support athletes and sports organisations at all levels around the world.
Sponsorship in various forms has supported the Olympic Movement since the first modern Olympic Games in Athens in 1896, while broadcast coverage has been the most significant factor in the promotion of the Olympic ideals and the growth of the Olympic Games worldwide.
The IOC distributes 90% of its revenue to organisations throughout the Olympic Movement, in order to support the staging of the Olympic Games and to promote the worldwide development of sport. This means that every day the IOC distributes the equivalent of over USD 4.2 million to support athletes and sports organisations at all levels around the world.
More information about the IOC
The IOC is at the very heart of world sport, supporting every Olympic Movement stakeholder, promoting Olympism worldwide, and overseeing the regular celebration of the Olympic Games. The IOC is also committed to promoting sport in society, strengthening the integrity of sport and supporting clean athletes and other sports organisations.
The IOC as an organisation
Established in on 23 June 1894, the International Olympic Committee is a not-for-profit independent international organisation. Based in Lausanne, Switzerland, the Olympic Capital, it is entirely privately funded and distributes 90 per cent of its revenues to the wider sporting movement, for the development of sport and athletes at all levels.