Totals
- Total revenue
- $44,485
- Total expenses
- $1,294,149
- Contributions and grants received
- $1,611
- Grants paid
- $363,333
- Program service revenue
- $0
- Investment income
- $42,874
- Other revenue
- $0
- Total assets, end of year
- $18,795,584
- Total liabilities, end of year
- $159,646
- Net assets or fund balances, end of year
- $18,635,938
- Program services expenses (Part IX)
- $907,331
- Management and general expenses
- $386,818
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $907,331
Program services were 70.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,611
-
3 · Investment income
total $42,874 · excluded $42,874
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $363,333 · program services $363,333
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $58,226 · program services $26,784 · management and general $31,442
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $40,374 · program services $18,572 · management and general $21,802
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $17,444 · program services $8,024 · management and general $9,420
-
10 · Payroll taxes
total $13,161 · program services $6,054 · management and general $7,107
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $139,639 · management and general $139,639
-
11c · Fees: accounting
total $118,492 · management and general $118,492
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $9,551 · program services $5,969 · management and general $3,582
-
14 · Information technology
total $19,738 · program services $12,336 · management and general $7,402
-
15 · Royalties
total $0
-
16 · Occupancy
total $421,900 · program services $401,000 · management and general $20,900
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $24,305 · program services $23,000 · management and general $1,305
-
23 · Insurance
total $63,275 · program services $39,547 · management and general $23,728
-
24a · Other expenses: Other Expenses
total $2,173 · program services $1,358 · management and general $815
-
24b · Other expenses: Payroll Administration
total $1,409 · program services $648 · management and general $761
-
24c · Other expenses: Bank Fees
total $931 · program services $582 · management and general $349
-
24d · Other expenses: Filing Fees
total $198 · program services $124 · management and general $74
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,009,098 · end of year $1,082,640
-
2 · Savings and temporary cash investments
beginning of year $16,168,730 · end of year $15,535,676
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $504,314 · end of year $1,016,336
-
10a · Land, buildings and equipment: cost or other basis
$185,952
-
10b · Land, buildings and equipment: accumulated depreciation
$105,423
-
10c · Land, buildings and equipment, net
beginning of year $104,834 · end of year $80,529
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $2,189,387 · end of year $1,080,403
-
17 · Accounts payable and accrued expenses
beginning of year $90,761 · end of year $159,646
-
27 · Net assets without donor restrictions
beginning of year $19,885,602 · end of year $18,635,938
Mission and programs · 2022
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.
-
Since its founding, 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, including the Stanford University Artificial Intelligence Index Fund, Black Girls Code, and the ACLU Foundation. More recently, the Organization forged partnerships with Duke University and other research organizations to sponsor additional AI impact studies. For example, the Organization facilitated a comprehensive task-based economic impact framework evaluating the potential economic impacts of large language models. The research found a potentially significant impact of artificial intelligence on the US economy. The research has been integrated into international policy discussions such as that by the OECD and the ILO, in addition to receiving broad coverage in the media. The Organization remains the governing body for all of OpenAI and holds a limited partnership interest in OpenAI LP. Each of the Organizations related organizations is legally bound to pursue the Organizations mission, such as following uncompromised principles of safety and broad benefit in its research and deployment efforts, unencumbered by profit incentives. Through its control of OpenAI, L.P., a capped-profit company formed to help rapidly scale the capital and talent needed to further its mission, and which the Organization governs and oversees all activities through its board, additional research milestones were accomplished in 2022 including the introduction of:1. OpenAI Residency program, which is designed to help bridge the knowledge gap for exceptional researchers and engineers in a variety of academic fields to gain the critical skills and knowledge to transition their careers into the AI & ML space. The Organization piloted this program by hiring, onboarding, and training a group of 14 residents from non-traditional backgrounds and fields of study for six months.2. Research Access Program, which supports researchers using OpenAIs resources to study areas related to the responsible deployment of AI and mitigating associated risks, as well as understanding the societal impact of AI systems. We provide early access to our models and tools to support their work across alignment, fairness & representation, safety evaluation development, model robustness, economic impact and other interdisciplinary research.3. DALLE 2, the second iteration of OpenAIs AI system that generates an original image from a description in natural language. The system was deployed iteratively as a creative tool with safety mitigations in place to prevent misuse. DALLE 2 includes a new technique that reduces bias and improves safety to produce results reflective of the worlds diverse population. Alongside the DALLE 2 deployment, the Organization also launched the OpenAI Artist Access program, which provides artists with subsidized and free access to OpenAIs tools.4. Embeddings, a new endpoint in the OpenAI Application Programming Interface (API) that makes it easy to perform natural language and code tasks like semantic search and classification.5. New and improved content moderation tooling to help developers protect their apps from misuse and detect undesired content using OpenAI classifiers. This safety tool is accessible to all developers free of charge.6. Whisper, an open-source neural net that approaches human level robustness and accuracy on English speech recognition.7. ChatGPT, a language model optimized for dialogue. It can answer follow-up questions and admit its mistakes. As a part of our approach to iterative deployment, a version is offered as a chatbot platform free of charges. The Organization actively monitors for misuse of its tools and continuously implements new safety features to ensure responsible use. 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.
Expenses $907,331 · Grants $363,333
As filed on the 2022 return.
Listed in Part VII
-
Chris Clark
Sec/Tres
- Total calculated
- $402,441
- From this org
- $50,000
- From related orgs
- $325,000
- Other
- $27,441
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $50,000 + $325,000 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $8,226 + $19,215 related
- Filer's total
- $58,226 + $344,215 related
-
Ilya Sutskever
Director
- Total calculated
- $334,572
- From this org
- $0
- From related orgs
- $312,849
- Other
- $21,723
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- not reported + $312,849 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $21,723 related
- Filer's total
- not reported + $334,572 related
-
Rosemary Campbell
Technical Staff
- Total calculated
- $202,269
- From this org
- $120,000
- From related orgs
- $60,000
- Other
- $22,269
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $120,000 + $60,000 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $16,246 + $6,023 related
- Filer's total
- $136,246 + $66,023 related
-
Gregory Brockman
Director
- Total calculated
- $113,727
- From this org
- $0
- From related orgs
- $95,659
- Other
- $18,068
- Hours/week
- 5 + 35 related
-
Shivon Zilis
Director
- Total calculated
- $75,000
- From this org
- $0
- From related orgs
- $75,000
- Other
- $0
- Hours/week
- 3
-
Will Hurd
Director
- Total calculated
- $75,000
- From this org
- $0
- From related orgs
- $75,000
- Other
- $0
- Hours/week
- 3
-
Sam Altman
Dir/Pres/CEO
- Total calculated
- $73,546
- From this org
- $0
- From related orgs
- $62,400
- Other
- $11,146
- Hours/week
- 5 + 35 related
-
Reid Hoffman
Director
- Total calculated
- $0
- Hours/week
- 3
-
Adam D'Angelo
Director
- Total calculated
- $0
- Hours/week
- 3
-
Tasha McCauley
Director
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Helen Toner
Director
- Total calculated
- $0
- Hours/week
- 3
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4c · Equity-based compensation arrangement
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 4: Participated or recieved pay from an equity based compensation arrangement
- In 2022, four individuals listed on Part VII, Section A, line 1a participated in an equity-based compensation arrangement consisting of profits interests issued by a related organization (Related Organization). Vesting of the profits interests is generally subject to the individuals continued service to the Related Organization over a period of time, the details of which may vary by individual and grant. Profits Interests have a liquidation value of $0 at grant pursuant to Rev. Proc. 93-27 and Rev. Proc. 2001-43. The Related Organization first granted profits interests to applicable individuals in 2019 under the equity-based compensation arrangement referenced in the previous paragraph. Nine individuals listed on the 2019 Form 990, Part VII, Section A, line 1a participated in the equity-based compensation arrangement in 2019. Nine individuals listed on the 2020 Form 990, Part VII, Section A, line 1a participated in the equity-based compensation arrangement in 2020. Six individuals listed on the 2021 Form 990, Part VII, Section A, line 1a participated in the equity-based compensation arrangement in 2021. As noted above, vesting of such profits interests is generally subject to the individuals continued service to the Related Organization, the details of which may vary by individual and grant.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$333,333
Research Support
-
NYX Arts LLC
$30,000
Community Engagement on AI Impact
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
OpenAI GP LLC
Research and Technology · CA
Directly controlled by OpenAI Inc
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
OpenAI LP
Research and Technology · DE · general or managing partner
Directly controlled by OpenAI GP LLC
-
Aestas LP
Research and Technology · DE · general or managing partner
Directly controlled by OpenAI GP LLC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
OpenAI LLC
LLC - C Corp · Research and Technology · DE
Directly controlled by OPENAI LP
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349330997
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