Its stated mission is to promote Olympism throughout the world and to lead the Olympic Movement:
• To encourage and support the promotion of ethics and good … See more

It is an association under the Swiss Civil Code (articles 60–79).
IOC Session
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The number of all serving IOC members may not exceed 115. When named they became IOC members in their respective countries rather than representatives of their respective countries to the IOC.
Categories of the IOC members include:
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All IOC members must swear to the following:
"Honoured to be chosen as a member of the International … See more

The IOC was created by Pierre de Coubertin, on 23 June 1894 with Demetrios Vikelas as its first president. As of February 2022, its membership consists of 105 active … See more

IOC awards gold, silver, and bronze medals for the top three competitors in each sporting event.
Other honours.
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During the first half of the 20th century the IOC ran on a small budget. As IOC president from 1952 to 1972, Avery Brundage rejected all attempts to link the Olympics with commercial interests. Brundage believed that corporate interests would unduly … See more