Openai Inc is located in San Francisco, CA. The organization was established in 2016. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Openai Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Openai Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Openai Inc generated $44.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (55.9%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Openai Inc has awarded 12 individual grants totaling $10,612,209. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Clark Sec/tres | Officer | 10 | $50,000 |
Ilya Sutskever Director | Trustee | 5 | $0 |
Rosemary Campbell Technical Staff | 40 | $120,000 | |
Gregory Brockman Director | Trustee | 5 | $0 |
Shivon Zilis Director | Trustee | 3 | $0 |
Will Hurd Director | Trustee | 3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Goodwin Proctor Legal | 12/30/19 | $211,208 |
Adler & Colvin Legal | 12/30/19 | $220,493 |
Przemyslaw Debiak Research | 12/30/19 | $250,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,611 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,611 |
Total Program Service Revenue | $0 |
Investment income | $42,874 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $44,485 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $363,333 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $58,226 |
Compensation of current officers, directors, key employees. | $31,442 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $40,374 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $17,444 |
Payroll taxes | $13,161 |
Fees for services: Management | $0 |
Fees for services: Legal | $139,639 |
Fees for services: Accounting | $118,492 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $9,551 |
Information technology | $19,738 |
Royalties | $0 |
Occupancy | $421,900 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $24,305 |
Insurance | $63,275 |
All other expenses | $0 |
Total functional expenses | $1,294,149 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,082,640 |
Savings and temporary cash investments | $15,535,676 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,016,336 |
Net Land, buildings, and equipment | $80,529 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,080,403 |
Total assets | $18,795,584 |
Accounts payable and accrued expenses | $159,646 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $159,646 |
Net assets without donor restrictions | $18,635,938 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $18,795,584 |
Over the last fiscal year, Openai Inc has awarded $363,333 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
DUKE UNIVERSITY PURPOSE: Research Support | $333,333 |
NYX ARTS LLC PURPOSE: Community Engagement on AI Impact | $30,000 |