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USA Swimming

Colorado Springs, CO · EIN 20-4264282 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

USA Swimming reported $47.6 million in revenue and $43.9 million in expenses for calendar year 2024. Of every $100 it spent, $83.47 went to program services, $15.90 to management and general costs and $0.63 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 76.8% of the total. The highest compensation it reported for one person was $1,051,489 (President & CEO (TO 08/2024)). 32 people received more than $100,000 in reportable compensation. Revenue rose 22% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $44M

For context, the median across 237 covered recreation & sports charities: $88.05 programs, $10.89 management, $1.06 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $48M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 237 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
83.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
15.9%10.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.6%1.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.05
Contributions & grants share of revenue
Part VIII 1h ÷ 12
16.2%25.2%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
76.8%61.0%
Highest reported compensation
Part VII-A, columns D–F
$1,051,489$365,322
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.40%2.14%
People paid over $100,000
Part VII, line 2
326
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.314.9
Independent voting board members
Part VI 1a–1b
12 of 14100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$12M expenses · 32.5% of program spending · grants $172K

National Team: At the 2024 Paris Olympic Games USA Swimming won 28 medals including eight gold, 13 silver, and seven bronze. This led the medal table in both total and gold medals. The 2024 Olympic team also set two Olympic records, three American records, and three world records. In addition to the Olympic Games USA Swimming supported teams at three other international competitions - the 2024 World Aquatics Championships (Doha, February), the 2024 Junior Pan Pacific Championships (Canberra, Australia; August), and the 2024 World Aquatics Swimming Championships (25m) (Budapest, Hungary…

$6.5M expenses · 17.7% of program spending · revenue $6.3M

Commercial: Business Intelligence and Digital Platforms: 2024 featured tremendous growth of the USA Swimming Network. The Network is now available on all connected televisions, mobile devices, and desktops. Fueled by three new content creators, dozens of new original content playlists, and the implementation of live streaming, the Network saw a 400%+ increase in downloads and active users compared to 2023. Communications: Media relations centered around numerous domestic and international competitions, focusing on strong internal communications to our stakeholders and more than 380,000…

$4.0M expenses · 10.9% of program spending · revenue $6.0M

Events: In 2024, USA Swimming hosted multiple major events across many levels of the sport, highlighted by the record-setting 2024 U.S. Olympic Team Trials - Swimming in Indianapolis, IN. Other championship-level events that featured TV and/or live webcast included the Speedo Summer Championships held in Irvine, CA, in August, the Toyota U.S. Open Championships held in Greensboro, NC, in December, three TYR Pro Swim Series events, Open Water National and Junior Championships, two Speedo Junior National Championships, five Futures Championships, and 22 Speedo Sectional Championships. USA…

$14M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & CEO (TO 08/2024)
Officer, 35.0 hrs/week
$981,472$0$70,017$1,051,489
Interim CEO& COO from 8/2024
Officer, 35.0 hrs/week
$406,947$0$70,703$477,650
National Team (TO 09/2024)
Highest compensated employee, 40.0 hrs/week
$368,473$0$64,226$432,699
Chief Financial Officer
Officer, 35.0 hrs/week
$323,991$0$77,213$401,204
Sport Development
Highest compensated employee, 40.0 hrs/week
$302,531$0$95,732$398,263
Secretary & General Counsel
Officer, 40.0 hrs/week
$306,198$0$60,211$366,409
Marketing & Communications
Highest compensated employee, 40.0 hrs/week
$210,049$0$53,532$263,581
Executive Director, Foundation
Highest compensated employee, 40.0 hrs/week
$198,045$0$43,659$241,704

32 people received more than $100,000 in reportable compensation from USA Swimming (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$48M$44M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$48M$44M83.5%$27M$1,051,489
2023 ⓘ$38M$41M75.8%$23M$962,555
2022 ⓘ$37M$48M68.0%$22M$973,463
2021 ⓘ$37M$37M83.2%$39M$1,037,208
2020 ⓘ$34M$29M68.0%$37M$706,197
2019 ⓘ$39M$42M79.3%$32M$792,207

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5101
  • Volunteers Part I, line 618,000

Private foundation grants it received

4 private foundations reported grants to USA Swimming totaling $18,084 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from USA Swimming's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for USA Swimming, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All recreation & sports charities · Largest charities in Colorado

Questions people ask

How much of USA Swimming's spending goes to programs?

In calendar year 2024, USA Swimming reported that 83.5% of its $43.9 million in expenses went to program services, 15.9% to management and general and 0.6% to fundraising (Form 990, Part IX).

How much does USA Swimming pay its top executive?

The largest total compensation USA Swimming reported for one person in calendar year 2024 was $1,051,489, for the role of President & CEO (TO 08/2024) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does USA Swimming get its money?

Of $47.6 million in revenue in calendar year 2024, 16.2% came from contributions and grants and 76.8% from program service revenue (Form 990, Part VIII).

Is USA Swimming a registered charity?

The IRS lists EIN 20-4264282 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523049349302552 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403129349301795 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333139349303528 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202242809349300409 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133169349307483 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202022739349301447 · read the filing

All filings for EIN 20-4264282: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.