Nonprofit screen
Screen a listOpenAI Foundation fka OpenAI Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$691krevenue
FY2024 · +5794% in 3 yrs1staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−1024.8%
Months of reserve21.7mo
Revenue growth (annualized)−42.5%
Middle half of peersMedianOpenAI Foundation fka OpenAI
Where the money goes FY2024 · $7.8M spent
Programs$7.7M99%Management and general$103k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.2M in FY2022 and −$7.1M in FY2024. Cash covers 21.7 months, above the peer median of 7.0.
990 Part I and balance sheetIn its favor
None found in the filings.
9funders
$290ka year, last 3 years
100%from its largest funder
Funder’17’18’19’20’21’22’23Good Ventures FoundationStopped after FY2019$10M$10M$10M–Aphorism FoundationOn and off$5.0MCooper FoundationOn and off$5kFlora and Morris Mizel Foundation IIOn and off$125Donor-advised giftsDonors not disclosed$33M$3.5M$870k$211$172
FundedThrough a donor-advised fundStopped