OpenAI Inc

EIN: 810861541 501(c)(3) Science & Technology

San Francisco, CA

Total Revenue
$5,363,248
Total Expenses
$2,866,846
Total Assets
$22,678,253
Net Assets
$21,132,340
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DE
Principal Officer
Sam Altman
Phone
4158799686
Tax Period
2023-01-01 to 2023-12-31

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.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,023,159
Program Service Revenue $0
Investment Income $340,089
Other Revenue $0
TOTAL REVENUE $5,363,248

Expense Breakdown

Grants Paid $2,641,712
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,675,937
Other Expenses $225,134
TOTAL EXPENSES $2,866,846

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
3
Independent Members
3
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$477,075
Total Directors
11
$483,386
Key Employees
0
$0
Highest Compensated
0
reported
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
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

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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