The Olympic movement's main source of income comes from television broadcasting rights, and from sponsoring contracts with major companies. Ticket sales, coins, stamps and medals, referred to as numismatics and memorabilia, provide additional income. The IOC is therefore funded exclusively from private sources and is totally independent of any state or government subsidy.These funds are nearly all redistributed. The host city receives 20%, national committees receive 70% and the IOC keeps less than 10%.In 1985, the IOC set up a programme called TOP in order to diversify its sources of income. It includes partnership contracts with major multinational companies, most of which are American. For example, over the 1993-1996 period, this programme provided the IOC with over 300 million US$.