ClosedOpenAI
OpenAI Inc. is an organization based in San Francisco, California, that has been tax-exempt since November 2016. It is classified as a 501(c)(3) organization focused on Science and Technology Research Institutes, Services, and Engineering and Technology Research. This means that donations made to OpenAI Inc. can be deducted from taxes.
Benefits
As a research institute, OpenAI Inc. focuses on advancing science and technology. Its tax-exempt status allows it to receive donations that support its research endeavors. The organization's financial filings provide transparency into its operations, including revenue, expenses, and compensation for key employees.
Use Cases
OpenAI Inc. operates within the science and technology research sector. Its work likely involves conducting research and development in areas related to engineering and technology. The organization's financial reports, available through ProPublica's Nonprofit Explorer, can be used by researchers, donors, and the public to understand its financial activities and operational scale.
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Additional Information (ONLY include if available)
OpenAI Inc. has been tax-exempt since November 2016 and operates under EIN 81-0861541. Financial data from 2016 to 2024 shows varying levels of revenue and expenses, with significant contributions and investment income reported in some years. Key employees like Chris Clark, Gregory Brockman, Sam Altman, Emmett Shear, Rosemary Campbell, Reiichiro Nakano, Christopher Olah, John Schulman, and Ilya Sutskever have been listed with compensation and related expenses in the filings. The organization's financial health has fluctuated, with net income ranging from significant losses to substantial gains over the years. ProPublica's Nonprofit Explorer provides access to this data, sourced from IRS digitized Form 990 data.
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