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From the Olympic Charter, section 15...
The IOC is an international non-governmental not-for-profit organisation, of unlimited
duration, in the form of an association with the status of a legal person, recognised by the Swiss Federal Council in accordance with an agreement entered into on 1 November 2000.
From Wikipedia...
The Olympic Movement generates revenue through five major programs. The International Olympic Committee (IOC) manages broadcast partnerships and the TOP worldwide sponsorship program. The Organizing Committees for the Olympic Games (OCOGs) manage domestic sponsorship, ticketing and licensing programs within the host country under the direction of the IOC. The Olympic Movement generated a total of more than US$4 billion in revenue during the most recent Olympic quadrennium (2001-2004). Revenue distribution
The IOC distributes some of Olympic marketing revenue to organizations throughout the Olympic Movement to support the staging of the Olympic Games and to promote the worldwide development of sport. The IOC retains approximately 8% of Olympic marketing revenue for the operational and administrative costs of governing the Olympic Movement.
What else can I help you with?
Can a non profit company turn a profit?
Yes. Non profit is a tax status.
Is apple a profit or non-profit business?
profit.
How do you become a non profit organization?
By... being a non profit organization?
Is American Eagle Outfitters profit or non-profit?
profit
Do thrift stores have to be non profit?
Not all thrift stores are non-profit, though most are. It depends whether you have a business or non-profit status.
When did the IOC begin?
International Olympic Committee is a non-profit non- governmental organization based in Lausanne. It was created by Pierre, Baron de Coubertin in 1894.
International Olympic comitee?
IOC is considered the supreme authority of modern Olympics. It is a non-profit and non-governmental organization based in Lausanne , Switzerland. Its present president is Thomas Bachand. IOC is responsible for conduct of winter and summer Olympics every year.
Can a non profit company turn a profit?
Yes. Non profit is a tax status.
Are Elks BPOE lodges non profit?
Yes, they are non-profit. The BPOE is a non-profit fraternal and philanthropic organization.
Is Walmart a profit or non profit company?
profit
Is apple a profit or non-profit business?
profit.
Is Peta non profit?
Yes, PETA is a non-profit organization.
How do you become a non profit organization?
By... being a non profit organization?
Name three non-profit organisation?
The American Red Cross is a non-profit organization. The American Cancer Society is non-profit organization.The Boy Scouts of America is a non-profit organization.
Is Mcdonalds a non-profit or profit?
Starbucks is a for profit company.
Is Barnes Jewish hospital for profit or a non-profit hospital?
BarnesJewish Hospital is a non-profit hospital.
Would the American Red Cross be a profit or non profit organization?
The ARC is a non-profit organization.
