Time Line

1965 - The Korea Taekwondo Association was formed.
1973 - World Taekwondo Federation created.
1975 - General Association of International Sports Federations recognizes the WTF.
1976 - Taekwondo accepted as a Consul International du Sport Militaire sport (world level military sports organization).
1980 - International Olympic Committee recognizes the WTF.
1981 - Taekwondo accepted as a World Games sport
1983 - Taekwondo accepted as a Pan American Games and All Africa Games sport
1985 - Taekwondo adopted as a demonstration sport for the 1988 Olympic Games.
1986 - Taekwondo accepted as a Federation International du Sport Universitaire sport (world university level sport organization).
1992 - Taekwondo is an Olympic demonstration sport in Barcelona, Spain.
1994 - Taekwondo selected as a full Olympic sport for the 2000 Olympic Games in Sydney, Australia.
1996 - Taekwondo is an Olympic demonstration sport in Atlanta.
Today - Tae Kwon Do is by far the most widely practiced martial art in the world.

http://www.tkd.net/tkdnetwork/history.html