OpenAI's nonprofit arm received $5 million in public contributions in 2023, with undisclosed sources, and listed net assets exceeding $21 million by the end of the year. This contrasts with the $6.6 billion raised by its for-profit entities to drive AI development. The nonprofit also expanded its charitable initiatives, funding ethics and journalism grants and supporting AI-driven economic research. The tax filing offers insight into OpenAI’s operations during a year of high demand for its AI products and internal changes.
Key takeaways:
- OpenAI CEO Sam Altman earned $76,001 in 2023, a small increase from the previous year, despite his estimated $2 billion net worth and claims of no equity in OpenAI.
- Other OpenAI executives, such as co-founder Ilya Sutskever and interim CEO Emmett Shear, earned significantly more, with Sutskever earning $322,201 in 2023.
- The nonprofit arm of OpenAI reported receiving $5 million in public contributions in 2023 and listed net assets exceeding $21 million by the end of the year.
- OpenAI's nonprofit expanded its charitable initiatives, funding ethics and journalism grants at New York University, supporting AI-driven economic research through Operation Hope, and issuing grants to several US universities and one in East Asia.