San Francisco, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OpenAI Inc, founded in 2015, is a community nonprofit in the Science & Technology sector that reported $5.4M in total revenue in fiscal year 2023. Revenue surged 11956% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 47% operating margin.
OpenAIs mission is to build general-purpose artificial intelligence (AI) that safely benefits humanity, unconstrained by a need to generate financial return. OpenAI believes that artificial intelligence technology has the potential to have a profound, positive impact on the world, so our goal is to develop and responsibly deploy safe AI technology, ensuring that its benefits are as widely and evenly distributed as possible.
Since its founding, OpenAI, Inc. (the Organization) has undertaken a wide range of charitable initiatives, such as sponsoring a comprehensive basic income study, supporting economic impact research...
Since its founding, OpenAI, Inc. (the Organization) has undertaken a wide range of charitable initiatives, such as sponsoring a comprehensive basic income study, supporting economic impact research, and experimenting with education-centered programs like OpenAI Scholars. The Organizations efforts also included supporting a number of other public charities focused on technology, economic impact and justice. More recently, the Organization forged partnerships with Duke University, New York University's Arthur L. Carter Journalism Institute, the American Journalism Project, Operation HOPE, and other research organizations to sponsor additional AI research and impact projects. The Organization remains the governing body for all of OpenAI and holds an interest in OpenAIs operating entities. Each of the Organizations related organizations is legally bound to pursue the Organizations mission.Through its control of the OpenAI for-profit entities, additional milestones were accomplished in 2023 including:Publishing widely-impactful research on AI capabilities, safety, and policy, such as the GPT-4 Technical Report and Preparedness Framework. Advancing its longstanding and ongoing safety research initiatives into the mainstream, including research on system cards, societal risks research, external expert red teaming, and CBRN evaluations.Providing over $15M of financial support in the forms of grants and Applicable Programming Interface credits to social benefit organizations, nonprofit organizations, and research sponsorships.Deploying state-of-art models like GPT-4, which were widely considered a step change improvement in language model capabilities. Advanced language models were made available to the public free of charge via the ChatGPT application, including features such as voice mode.These contributions to the advancement of AI technology, along with the continuous study on the broader societal impact of AI, are critical steps in moving the Organization towards the development of safe, effective, and productive general-purpose artificial intelligence that benefits all humanity.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,363,248 | $44,485 | +119.6% |
| Expenses | $2,866,846 | $1,294,149 | +1.2% |
| Net Income | $2,496,402 | $-1,249,664 | -3.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Chris Clark | Sec/Tres | 10.00 |
Officer
|
$50,000 | $22,354 | $397,354 |
| Ilya Sutskever See Sched O | Director | 5.00 |
Director
|
$0 | $22,201 | $322,201 |
| Greg Brockman See Schedule O | Director | 5.00 |
Director
|
$0 | $20,184 | $85,184 |
| Sam Altman See Schedule O | Dir/Pres/CEO | 5.00 |
Officer
Director
|
$0 | $11,044 | $76,001 |
| Emmett Shear See Schedule O | CEO | 40.00 |
Officer
|
$3,720 | $0 | $3,720 |
| Reid Hoffman See Schedule O | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Shivon Zilis See Schedule O | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Will Hurd See Schedule O | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Adam D'Angelo | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Bret Taylor See Schedule O | Director/Chair | 3.00 |
Director
|
$0 | $0 | $0 |
| Lawrence Summers See Sched O | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Tasha McCauley See Sched O | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Helen Toner See Schedule O | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $5,363,248 | $2,866,846 | $22,678,253 | $2,496,402 |
| 2022 | $44,485 | $1,294,149 | $18,795,584 | $-1,249,664 |
| 2021 | $11,728 | $1,389,564 | $19,976,363 | $-1,377,836 |
| 2020 | $3,481,784 | $12,990,543 | $21,376,567 | $-9,508,759 |
| 2019 | $31,932,729 | $3,332,917 | $31,040,138 | $28,599,812 |
| 2018 | $49,968,631 | $51,549,009 | $25,926,281 | $-1,580,378 |
| 2017 | $33,228,665 | $28,668,228 | $10,488,224 | $4,560,437 |
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