nonprofit · EIN 81-0861541 · CA
How much does OpenAI Foundation fka OpenAI Inc raise and spend?
OpenAI Foundation fka OpenAI Inc (CA, EIN 81-0861541) reported $691.3k in revenue and $7.8M in expenses for tax year 2024, with $14.0M in net assets (21.7 months of reserves). By expenses that ranks 21,606 of 391,588 e-filers, 157 of 1,431 in NTEE U: Science & Technology, 2,096 of 42,427 nonprofits in california.
What stands out
OpenAI Foundation fka OpenAI Inc (CA, EIN 81-0861541) reported $691.3k in revenue and $7.8M in expenses for tax year 2024, with $14.0M in net assets (21.7 months of reserves). By expenses that ranks 21,606 of 391,588 e-filers, 157 of 1,431 in NTEE U: Science & Technology, 2,096 of 42,427 nonprofits in california. Against NTEE U: Science & Technology: months of reserves 21.7 months, above the peer median of 12.2 months; officer compensation share of expenses 0.2%, below the peer median of 8.6%; contributions share of revenue 0.6%, below the peer median of 64.5%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $691.3k | $312.7k | $2.4M | $198.5k |
| Total expenses | $7.8M | $276.1k | $2.3M | $179.6k |
| Total assets | $14.7M | $923.1k | $3.3M | $761.5k |
| Net assets | $14.0M | $836.7k | $2.2M | $615.1k |
| Officer compensation (total per organisation) | $12.9k | $244.5k | $170.3k | $114.3k |
| Program service revenue share | 0.0% | 14.6% | 28.3% | 13.4% |
| Contributions share of revenue | 0.6% | 64.5% | 48.6% | 55.6% |
| Officer compensation share of expenses | 0.2% | 8.6% | 6.3% | 6.6% |
| Months of reserves | 21.7 months | 12.2 months | 10.7 months | 12.4 months |
Year by year
7 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $691.3k | $7.8M | $14.0M | 21.7 months | $12.9k | 21,606 |
| 2023 | $5.4M | $2.9M | $21.1M | 88.5 months | $0 | 61,898 |
| 2022 | $44.5k | $1.3M | $18.6M | 172.8 months | $58.2k | 87,759 |
| 2020 | $3.5M | $13.0M | $21.3M | 19.6 months | $250.0k | 19,116 |
| 2019 | $31.9M | $3.3M | $30.8M | 110.8 months | $269.5k | 45,308 |
| 2018 | $50.0M | $51.5M | $2.2M | 0.5 months | $958.8k | 5,587 |
| 2017 | $33.2M | $28.7M | $7.1M | 3.0 months | $1.4M | 70 |
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