Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028
Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 reported $21.4 million in revenue and $163.7 million in expenses for calendar year 2024. Of every $100 it spent, $46.95 went to program services, $53.05 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 53.5% of the total. The highest compensation it reported for one person was $1,950,000 (FORMER CHIEF EXECUTIVE OFFICER). 105 people received more than $100,000 in reportable compensation. Revenue rose 1439% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $164MFor 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 $21MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 47.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 53.0% | 10.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 1.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.05 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 18.7% | 25.2% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 53.5% | 61.0% |
| Highest reported compensation Part VII-A, columns D–F | $1,950,000 | $365,322 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.19% | 2.14% |
| People paid over $100,000 Part VII, line 2 | 105 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -26.5 | 14.9 |
| Independent voting board members Part VI 1a–1b | 29 of 30 | 100.0% |
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 expenseThe organization works with the city of Los Angeles, the united states olympic & paralympic committee ("usopc") and the international olympic committee ("ioc") to host the olympic and paralympic games in Los Angeles and the surrounding area. The olympic and paralympic games were awarded to the city of Los Angeles for 2028. As part of its work, the organization reaches out to the community in Los Angeles, including former olympians and paralympians, to gather support and raise funds to host the 2028 olympic and paralympic games
The organization will fund up to $160 million in youth sports in the city of Los Angeles to make sports more accessible and affordable to more young los angelenos leading up to the games in 2028, beginning the legacy of the 2028 olympic and paralympic games
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FORMER CHIEF EXECUTIVE OFFICER Former, 0.00 hrs/week | $1,950,000 | $0 | $0 | $1,950,000 |
| FORMER CHIEF BUSINESS OFFICER Former, 0.00 hrs/week | $1,052,531 | $0 | $0 | $1,052,531 |
| CHIEF EXECUTIVE OFFICER (USOPP) Officer, 0.10 hrs/week | $0 | $933,769 | $1,957 | $935,726 |
| CHIEF LGL/PPL/COMP OFF (END 9/24) Officer, 20.00 hrs/week | $876,400 | $0 | $12,832 | $889,232 |
| CHIEF FINANCIAL OFFICER Officer, 20.00 hrs/week | $741,670 | $0 | $35,117 | $776,787 |
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $736,634 | $0 | $33,413 | $770,047 |
| CHIEF OPERATING OFFICER (USOPP) Officer, 0.10 hrs/week | $0 | $725,092 | $38,015 | $763,107 |
| CHIEF INFORMATION OFFICER Officer, 20.00 hrs/week | $728,881 | $0 | $23,647 | $752,528 |
105 people received more than $100,000 in reportable compensation from Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b30 · 29 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 5185
- Volunteers Part I, line 645
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| DELOITTE CONSULTING LLP Professional services | $23,672,296 |
| SRJ ENTERTAINMENT LLC Production services | $16,597,842 |
| AECOM TECHNICAL SERVICES INC Construction services | $5,339,856 |
| DELOITTE & TOUCHE LLP Professional services | $3,953,659 |
| TWO CIRCLES INCORPORATED Professional services | $1,416,667 |
Individuals listed as contractors are left out. 52 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028, you can publish a response that is linked from this page.
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Of every $100 Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 spent in 2024, $46.95 went to programs. The full breakdown, from its IRS Form 990:
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All recreation & sports charities · Largest charities in California
Questions people ask
How much of Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028's spending goes to programs?
In calendar year 2024, Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 reported that 47.0% of its $163.7 million in expenses went to program services, 53.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 pay its top executive?
The largest total compensation Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 reported for one person in calendar year 2024 was $1,950,000, for the role of FORMER CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 get its money?
Of $21.4 million in revenue in calendar year 2024, 18.7% came from contributions and grants and 53.5% from program service revenue (Form 990, Part VIII).
Is Los Angeles Organizing Committee for the Olympic and Paralympic Games 2028 a registered charity?
The IRS lists EIN 47-2018941 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 202533139349301308 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443199349312019 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333189349319313 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203199349330055 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123169349301007 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033189349312553 · read the filing
All filings for EIN 47-2018941: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.