As explained in detail in answer 6, the budget of private revenues belongs to the Organizing Committee, a not for profit organization, which, as such does, not seek profit, but just to raise the amount required to plan and operate the Games.
In accordance with Rio 2016 Statutes, any possible positive balance achieved by the Organizing Committee will be distributed as follows: (i) 20% to the Brazilian Olympic Committee, (ii) 20% to the International Olympic Committee and (iii) 60% to be invested in the provision of general benefits to sport in this host country, as determined by the Host City Contract.
The Organizing Committee for the Olympic and Paralympic Games Rio 2016 is a private not for profit sport association formed by the Brazilian Olympic Confederations, the Brazilian Olympic Committee and Brazilian Paralympic Committee. It was assigned the mission of promoting, organizing and delivering the Olympic and Paralympic Games Rio 2016, following the guidelines of the Host City Contract, the International Olympic Committee, the International Olympic Committee and of the World Anti-Doping Agency and complying with provisions of the Brazilian law, the Olympic Charter and the IPC Manual.
The IOC will ensure the regular celebration of the Olympic Games, encourage and support a responsible concern with the environment, promote sustainable development in sport and demand compliance by the Olympic Games with these tenets.
The International Olympic Committee (IOC) is the higher authority of the Olympic Movement. Acting as a catalyst of the collaboration between all branches of the Olympic Family, National Olympic Committees, International Sport Federations, athletes, Organizing Committees of Olympic Games, sponsors, broadcast rightsholders and UN agencies, the IOC develops a full series of programs and projects to fulfill its mission of promoting an integrated sport and education culture, guided by its vision of contributing to the construction of a better world through sport and protection of the excellence, friendship and respect values.