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Re:OSMC is a free and open source media center by ankurpatel on Tuesday May 19, 2015 @01:32PM (#9571713)
This is from their wiki site for more clarification

Kodi is a media center application and OSMC is the operating system that runs Kodi and brings it to your device. OSMC is not a fork of Kodi but rather a Linux distribution that ships Kodi as the main application. This is a similar concept to Kodi running on top of Windows or Android.

OSMC is based on Debian Jessie (a flavour of GNU/Linux) and has been heavily optimised to provide the best TV experience possible.

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