OpenAI Form 990 (2022)

Form 990 OMB No.
1545-0047
Return of Organization Exempt From Income Tax 2022

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Department of the Treasury Do not enter social security numbers on this form as it may be made public. Open to Public
Internal Revenue Service Go to www.irs.gov/Form990 for instructions and the latest information. Inspection
A For the 2022 calendar year, or tax year beginning , 2022, and ending , 20
B Check if applicable: C D Employer identification number
Address change OpenAI Inc. 81-0861541

Name change 3180 18th St., Suite 100 E Telephone number
Initial return San Francisco, CA 94110 (415) 879-9686

Final return/terminated
Amended return G Gross receipts $ 44,485.
Application pending F Name and address of principal officer:
Sam Altman H(a) Is this a group return for subordinates? Yes X No
H(b) Are all subordinates included?
Same As C Above If "No," attach a list. See instructions.
Yes No
I Tax-exempt status: X 501(c)(3) 501(c) ( ) (insert no.) 4947(a)(1) or 527

J Website: openai.com H(c) Group exemption number
K Form of organization: X Corporation Trust Association Other L Year of formation: 2015 M State of legal domicile: DE
Part I Summary
1 Briefly describe the organization's mission or most significant activities: See Schedule O
2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets.
3 Number of voting members of the governing body (Part VI, line 1a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 9
4 Number of independent voting members of the governing body (Part VI, line 1b) . . . . . . . . . . . . . . . . . . . . . . . 4 6
5 Total number of individuals employed in calendar year 2022 (Part V, line 2a) . . . . . . . . . . . . . . . . . . . . . . . . . . 5 2
6 Total number of volunteers (estimate if necessary) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 3
7a Total unrelated business revenue from Part VIII, column (C), line 12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7a 0.
b Net unrelated business taxable income from Form 990-T, Part I, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b 0.
Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,066. 1,611.
9 Program service revenue (Part VIII, line 2g). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) . . . . . . . . . . . . . . . . . . . . . . . . . 8,662. 42,874.
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e). . . . . . . . . . . . . . . .
12 Total revenue ' add lines 8 through 11 (must equal Part VIII, column (A), line 12) . . . . . 11,728. 44,485.
13 Grants and similar amounts paid (Part IX, column (A), lines 1-3). . . . . . . . . . . . . . . . . . . . . . 75,000. 363,333.
14 Benefits paid to or for members (Part IX, column (A), line 4). . . . . . . . . . . . . . . . . . . . . . . . . .
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10). . . . . . 327,614. 129,205.
16a Professional fundraising fees (Part IX, column (A), line 11e) . . . . . . . . . . . . . . . . . . . . . . . . . .
b Total fundraising expenses (Part IX, column (D), line 25)
17 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e) . . . . . . . . . . . . . . . . . . . . . . . . . 986,950. 801,611.
18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) . . . . . . . . . . . . . 1,389,564. 1,294,149.
19 Revenue less expenses. Subtract line 18 from line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -1,377,836. -1,249,664.
Beginning of Current Year End of Year
20 Total assets (Part X, line 16). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19,976,363. 18,795,584.
21 Total liabilities (Part X, line 26) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,761. 159,646.
22 Net assets or fund balances. Subtract line 21 from line 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19,885,602. 18,635,938.
Part II Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and
complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Signature of officer Date

Sign
Here Chris Clark Secretary/Treas
Type or print name and title
Print/Type preparer's name Preparer's signature Date Check if PTIN
Paid Antonio Tellez Jr Antonio Tellez Jr self-employed P01716904

Preparer Firm's name Fontanello, Duffield & Otake, LLP
Use Only Firm's address 44 Montgomery Street, Suite 1305 37-1420474 Firm's EIN
San Francisco, CA 94104 (415) 983-0200 Phone no.

May the IRS discuss this return with the preparer shown above? See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No
BAA For Paperwork Reduction Act Notice, see the separate instructions. TEEA0101L 09/01/22 Form 990 (2022)
Form 990 (2022) OpenAI Inc. 81-0861541 Page 2
Part III Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
1 Briefly describe the organization's mission:
See Schedule O
2 Did the organization undertake any significant program services during the year which were not listed on the prior
Form 990 or 990-EZ?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No
If "Yes," describe these new services on Schedule O.
3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? . . . . Yes X No
If "Yes," describe these changes on Schedule O.
4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses.
Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses,
and revenue, if any, for each program service reported.
4a (Code: ) (Expenses $ 907,331. including grants of $ 363,333. ) (Revenue $ )

See Schedule O
4b (Code: ) (Expenses $ including grants of $ ) (Revenue $ )
4c (Code: ) (Expenses $ including grants of $ ) (Revenue $ )
4d Other program services (Describe on Schedule O.)

(Expenses $ including grants of $ ) (Revenue $ )
4e Total program service expenses 907,331.
BAA TEEA0102L 09/01/22 Form 990 (2022)
Part IV Checklist of Required Schedules
Yes No
1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete
Schedule A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 X
2 Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. . . . . . . . . . . . . . . . . . . . . . . 2 X
3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates
for public office? If "Yes," complete Schedule C, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 X
4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election
in effect during the tax year? If "Yes," complete Schedule C, Part II. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 X
5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues,
assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III . . . . . . 5 X
6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right
to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D,
Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 X
7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the
environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II . . . . . . . . . . . . . . . . . . . . . . . . . 7 X
8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 X
9 Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian
for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation
services? If "Yes," complete Schedule D, Part IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 X
10 Did the organization, directly or through a related organization, hold assets in donor-restricted endowments
or in quasi endowments? If "Yes," complete Schedule D, Part V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 X
11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX,
or X, as applicable.
a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule
D, Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11a X
b Did the organization report an amount for investments ' other securities in Part X, line 12, that is 5% or more of its total
assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11b X
c Did the organization report an amount for investments ' program related in Part X, line 13, that is 5% or more of its total
assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11c X
d Did the organization report an amount for other assets in Part X, line 15, that is 5% or more of its total assets reported
in Part X, line 16? If "Yes," complete Schedule D, Part IX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11d X
e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X. . . . . . 11e X
f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X . . . 11f X
12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12a X
b Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and
if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional. . . . . . . . . . . . . . . . . 12b X
13 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E. . . . . . . . . . . . . . . . . . . . . . . 13 X
14a Did the organization maintain an office, employees, or agents outside of the United States? . . . . . . . . . . . . . . . . . . . . . . . . . . . 14a X
b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising,
business, investment, and program service activities outside the United States, or aggregate foreign investments valued
at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14b X
15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any
foreign organization? If "Yes," complete Schedule F, Parts II and IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 X
16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to
or for foreign individuals? If "Yes," complete Schedule F, Parts III and IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 X
17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,
column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 X
18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII,
lines 1c and 8a? If "Yes," complete Schedule G, Part II. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 X
19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes,"
complete Schedule G, Part III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 X
20a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H. . . . . . . . . . . . . . . . . . . . . . . . . . . . 20a X
b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?. . . . . . . . . . . . . . . . 20b
21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or
domestic government on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts I and II . . . . . . . . . . . . . . . . . . . . . 21 X
BAA TEEA0103L 09/01/22 Form 990 (2022)
Part IV Checklist of Required Schedules (continued)
Yes No
22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX,
column (A), line 2? If "Yes," complete Schedule I, Parts I and III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 X
23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization's current
and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete
Schedule J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 X
24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of
the last day of the year, that was issued after December 31, 2002? If a "Yes," answer lines 24b through 24d and
complete Schedule K. If "No," go to line 25a. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24a X
b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?. . . . . . . . . . . . . . . . . . 24b
c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease
any tax-exempt bonds? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24c
d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?. . . . . . . . . . . . . . . . . 24d
25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit
transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . 25a X
b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and
that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes," complete
Schedule L, Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25b X
26 Did the organization report any amount on Part X, line 5 or 22, for receivables from or payables to any current or
former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity
or family member of any of these persons? If "Yes," complete Schedule L, Part II. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 X
27 Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key
employee, creator or founder, substantial contributor or employee thereof, a grant selection committee
member, or to a 35% controlled entity (including an employee thereof) or family member of any of these
persons? If "Yes," complete Schedule L, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 X
28 Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV,
instructions for applicable filing thresholds, conditions, and exceptions):
a A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If
"Yes," complete Schedule L, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28a X
b A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV. . . . . . . . . . . . . . . . . . . . . . . 28b X
c A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes,"
complete Schedule L, Part IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28c X
29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M. . . . . . . . . . . . . . 29 X
30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation
contributions? If "Yes," complete Schedule M. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 X
31 Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I . . . . . . 31 X
32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete
Schedule N, Part II. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 X
33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections
301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 X
34 Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV,
and Part V, line 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 X
35a Did the organization have a controlled entity within the meaning of section 512(b)(13)?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35a X
b If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled
entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . 35b
36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related
organization? If "Yes," complete Schedule R, Part V, line 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 X
37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is
treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI. . . . . . . . . . . . . . . . . . . . . . 37 X
38 Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19?
Note: All Form 990 filers are required to complete Schedule O. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 X
Part V Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes No
1a Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable . . . . . . . . . . . . . . 1a 14
b Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable. . . . . . . . . . . 1b 0
c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming
(gambling) winnings to prize winners?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c X
BAA TEEA0104L 09/01/22 Form 990 (2022)
Part V Statements Regarding Other IRS Filings and Tax Compliance (continued)
Yes No
2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax State-
ments, filed for the calendar year ending with or within the year covered by this return . . . . . 2a 2
b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? . . . . . . . . . . . . . 2b X
3a Did the organization have unrelated business gross income of $1,000 or more during the year?. . . . . . . . . . . . . . . . . . . . . . . . 3a X
b If "Yes," has it filed a Form 990-T for this year? If "No" to line 3b, provide an explanation on Schedule O. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b
4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a
financial account in a foreign country (such as a bank account, securities account, or other financial account)? . . . . . . . . . 4a X
b If "Yes," enter the name of the foreign country
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? . . . . . . . . . . . . . . . . . . . 5a X
b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?. . . . . . . . . . . . 5b X
c If "Yes," to line 5a or 5b, did the organization file Form 8886-T? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5c
6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization
solicit any contributions that were not tax deductible as charitable contributions?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6a X
b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were
not tax deductible?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6b
7 Organizations that may receive deductible contributions under section 170(c).
a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and
services provided to the payor?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7a X
b If "Yes," did the organization notify the donor of the value of the goods or services provided?. . . . . . . . . . . . . . . . . . . . . . . . . . 7b
c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file
Form 8282? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7c X
d If "Yes," indicate the number of Forms 8282 filed during the year. . . . . . . . . . . . . . . . . . . . . . . . . . 7d
e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? . . . . . . . . . . 7e X
f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?. . . . . . . . . . . . . . 7f X
g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899
as required?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7g
h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a
Form 1098-C? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7h
8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring
organization have excess business holdings at any time during the year?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Sponsoring organizations maintaining donor advised funds.
a Did the sponsoring organization make any taxable distributions under section 4966? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9a
b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?. . . . . . . . . . . . . . . . . . . . . . 9b
10 Section 501(c)(7) organizations. Enter:
a Initiation fees and capital contributions included on Part VIII, line 12 . . . . . . . . . . . . . . . . . . . . . . 10a
b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities. . . . . 10b
11 Section 501(c)(12) organizations. Enter:
a Gross income from members or shareholders. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11a
b Gross income from other sources. (Do not net amounts due or paid to other sources
against amounts due or received from them.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11b
12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?. . . . . . . . . . . . . . 12a
b If "Yes," enter the amount of tax-exempt interest received or accrued during the year . . . . . . 12b
13 Section 501(c)(29) qualified nonprofit health insurance issuers.
a Is the organization licensed to issue qualified health plans in more than one state? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13a
Note: See the instructions for additional information the organization must report on Schedule O.
b Enter the amount of reserves the organization is required to maintain by the states in
which the organization is licensed to issue qualified health plans. . . . . . . . . . . . . . . . . . . . . . . . . . 13b
c Enter the amount of reserves on hand. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13c
14a Did the organization receive any payments for indoor tanning services during the tax year?. . . . . . . . . . . . . . . . . . . . . . . . . . . . 14a X
b If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation on Schedule O. . . . . . . . . . . . . . 14b
15 Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment(s) during the year?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 X
If "Yes," see the instructions and file Form 4720, Schedule N.
16 Is the organization an educational institution subject to the section 4968 excise tax on net investment income? . . . . . . . . . 16 X
If "Yes," complete Form 4720, Schedule O.
17 Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would
result in the imposition of an excise tax under section 4951, 4952, or 4953? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
If "Yes," complete Form 6069.
BAA TEEA0105L 09/01/22 Form 990 (2022)
OpenAI Inc.
Form 990 (2022) 81-0861541 Page 6
Part VI Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for
a "No" response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes on
Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
Section A. Governing Body and Management
Yes No
1a Enter the number of voting members of the governing body at the end of the tax year. . . . . . 1a 9
If there are material differences in voting rights among members
of the governing body, or if the governing body delegated broad
authority to an executive committee or similar committee, explain on Schedule O.
b Enter the number of voting members included on line 1a, above, who are independent. . . . . 1b 6
2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other
officer, director, trustee, or key employee? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 X
3 Did the organization delegate control over management duties customarily performed by or under the direct supervision
of officers, directors, trustees, or key employees to a management company or other person?. . . . . . . . . . . . . . . . . . . . . . . . . 3 X
4 Did the organization make any significant changes to its governing documents
since the prior Form 990 was filed? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 X
5 Did the organization become aware during the year of a significant diversion of the organization's assets?. . . . . . . . . . . . . . 5 X
6 Did the organization have members or stockholders?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 X
7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more
members of the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7a X
b Are any governance decisions of the organization reserved to (or subject to approval by) members,
stockholders, or persons other than the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b X
8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by
the following:
a The governing body?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8a X
b Each committee with authority to act on behalf of the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8b X
9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the
X
organization's mailing address? If "Yes," provide the names and addresses on Schedule O. . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes No
10a Did the organization have local chapters, branches, or affiliates?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10a X
b If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their
operations are consistent with the organization's exempt purposes? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10b
11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? . . . . . . . . . . . . . . . . . . . . . . 11a X
b Describe on Schedule O the process, if any, used by the organization to review this Form 990. See Schedule O
12a Did the organization have a written conflict of interest policy? If "No," go to line 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12a X
b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise
to conflicts? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12b X
c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on
Schedule O how this was done. . . . .See
. . . . . .Schedule
. . . . . . . . . . . . . .O. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12c X
13 Did the organization have a written whistleblower policy?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 X
14 Did the organization have a written document retention and destruction policy? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 X
15 Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a The organization's CEO, Executive Director, or top management official . . See . . . . . . Schedule
. . . . . . . . . . . . . .O
........................ 15a X
b Other officers or key employees of the organization . . . See
. . . . . . Schedule
. . . . . . . . . . . . . .O.......................................... 15b X
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a
taxable entity during the year?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16a X
b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its
participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the
organization's exempt status with respect to such arrangements?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16b X
Section C. Disclosure
17 List the states with which a copy of this Form 990 is required to be filed CA DE
18 Section 6104 requires an organization to make its Forms 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only)
available for public inspection. Indicate how you made these available. Check all that apply.
Own website Another's website X Upon request Other (explain on Schedule O)
19 Describe on Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to
the public during the tax year. See Schedule O
20 State the name, address, and telephone number of the person who possesses the organization's books and records.
Chris Clark 3180 18th St., Suite 100 San Francisco CA 94110 (415) 879-9686
BAA TEEA0106L 09/01/22 Form 990 (2022)
OpenAI Inc.
Form 990 (2022) 81-0861541 Page 7
Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and
Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the
organization's tax year.
? List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of
compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.
? List all of the organization's current key employees, if any. See the instructions for definition of "key employee."
? List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000
from the organization and any related organizations.
? List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.
? List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.
See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(C)
Position (do not check more
(A) (B) than one box, unless person (D) (E) (F)
Name and title Average is both an officer and a Reportable Reportable
compensation from compensation from Estimated amount
hours director/trustee)
the organization related organizations of other
per
(W-2/1099- (W-2/1099- compensation from
week
MISC/1099-NEC) MISC/1099-NEC) the organization
(list any and related
hours for organizations
related
organiza-
tions
below
dotted
line)
(1) Chris Clark 10

Sec/Tres 30 X 50,000. 325,000. 27,441.
(2) Ilya Sutskever 5
Director 35 X 0. 312,849. 21,723.
(3) Rosemary Campbell 40
Technical Staff 0 X 120,000. 60,000. 22,269.
(4) Gregory Brockman 5
Director 35 X 0. 95,659. 18,068.
(5) Shivon Zilis 3
Director 0 X 0. 75,000. 0.
(6) Will Hurd 3
Director 0 X 0. 75,000. 0.
(7) Sam Altman 5
Dir/Pres/CEO 35 X X 0. 62,400. 11,146.
(8) Reid Hoffman 3
Director 0 X 0. 0. 0.
(9) Adam D'Angelo 3
(10) Tasha McCauley 3
(11) Helen Toner 3
(12)
(13)
(14)
BAA TEEA0107L 09/01/22 Form 990 (2022)

OpenAI Inc.
Form 990 (2022) 81-0861541 Page 8
Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(B) (C)
Position
(A) Average (do not check more than one (D) (E) (F)
hours box, unless person is both an Reportable Reportable
Name and title per officer and a director/trustee) Estimated amount
compensation from compensation from
week the organization related organizations of other
(list any (W-2/1099- (W-2/1099- compensation from
hours MISC/1099-NEC) MISC/1099-NEC) the organization
for and related
related organizations
organiza
- tions
below
dotted
line)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
(24)
(25)
1b Subtotal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170,000. 1,005,908. 100,647.

c Total from continuation sheets to Part VII, Section A . . . . . . . . . . . . . . . . . . . . . . . . . . 0. 0. 0.
d Total (add lines 1b and 1c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170,000. 1,005,908. 100,647.
2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation
from the organization 1
Yes No
3 Did the organization list any former officer, director, trustee, key employee, or highest compensated employee
on line 1a? If "Yes,"complete Schedule J for such individual . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 X
4 For any individual listed on line 1a, is the sum of reportable compensation and other compensation from
the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for
such individual. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 X
5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual
for services rendered to the organization? If "Yes," complete Schedule J for such person. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 X
Section B. Independent Contractors
1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of
compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax year.
(A) (B) (C)
Name and business address Description of services Compensation
2 Total number of independent contractors (including but not limited to those listed above) who received more than
$100,000 of compensation from the organization 0
BAA TEEA0108L 09/01/22 Form 990 (2022)
Form 990 (2022)OpenAI Inc. 81-0861541 Page 9
Part VIII Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(A) (B) (C) (D)
Total revenue Related or Unrelated Revenue
exempt business excluded from tax
function revenue under sections
revenue 512-514
1a Federated campaigns. . . . . . . . . . 1a
b Membership dues . . . . . . . . . . . . . 1b
c Fundraising events. . . . . . . . . . . . 1c
d Related organizations . . . . . . . . . 1d
e Government grants (contributions). . . . . 1e
f All other contributions, gifts, grants, and
similar amounts not included above. . . . 1f 1,611.
g Noncash contributions included in
lines 1a-1f . . . . . . . . . . . . . . . . . . . . . . 1g
h Total. Add lines 1a-1f. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,611.
Business Code
2a
b
c
d
e
f All other program service revenue. . . .
g Total. Add lines 2a-2f. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3 Investment income (including dividends, interest, and
other similar amounts). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42,874. 42,874.
4 Income from investment of tax-exempt bond proceeds
5 Royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(i) Real (ii) Personal
6a Gross rents . . . . . . . . 6a
b Less: rental expenses 6b
c Rental income or (loss) 6c
d Net rental income or (loss). . . . . . . . . . . . . . . . . . . . . . . . . . .
(i) Securities (ii) Other
7a Gross amount from
sales of assets
other than inventory 7a
b Less: cost or other basis
and sales expenses 7b
c Gain or (loss). . . . . . . 7c
d Net gain or (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8a Gross income from fundraising events
(not including $
of contributions reported on line 1c).
See Part IV, line 18. . . . . . . . . . . . . 8a
b Less: direct expenses . . . . . . 8b
c Net income or (loss) from fundraising events. . . . . . . . . .
9a Gross income from gaming activities.
See Part IV, line 19. . . . . . . . . . . . .
9a
b Less: direct expenses . . . . . . 9b
c Net income or (loss) from gaming activities . . . . . . . . . . .
10a Gross sales of inventory, less . . . . .
returns and allowances. . . . . . . . . . 10a
b Less: cost of goods sold. . . . 10b
c Net income or (loss) from sales of inventory . . . . . . . . . .
Business Code
11a
b
c
d All other revenue. . . . . . . . . . . . . . . . . . .
e Total. Add lines 11a-11d. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12 Total revenue. See instructions . . . . . . . . . . . . . . . . . . . . . . 44,485. 0. 0. 42,874.
BAA TEEA0109L 09/01/22 Form 990 (2022)
Part IX Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).
Check if Schedule O contains a response or note to any line in this Part IX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(A) (B) (C) (D)
Do not include amounts reported on lines Total expenses Program service Management and Fundraising
6b, 7b, 8b, 9b, and 10b of Part VIII. expenses general expenses expenses
1 Grants and other assistance to domestic
organizations and domestic governments.
See Part IV, line 21. . . . . . . . . . . . . . . . . . . . . . . . 363,333. 363,333.
2 Grants and other assistance to domestic
individuals. See Part IV, line 22. . . . . . . . . . . . .
3 Grants and other assistance to foreign
organizations, foreign governments, and for-
eign individuals. See Part IV, lines 15 and 16
4 Benefits paid to or for members. . . . . . . . . . . . .
5 Compensation of current officers, directors,
trustees, and key employees. . . . . . . . . . . . . . . . 58,226. 26,784. 31,442. 0.
6 Compensation not included above to
disqualified persons (as defined under
section 4958(f)(1)) and persons described
in section 4958(c)(3)(B) . . . . . . . . . . . . . . . . . . . . 0. 0. 0. 0.
7 Other salaries and wages. . . . . . . . . . . . . . . . . . . 40,374. 18,572. 21,802.
8 Pension plan accruals and contributions
(include section 401(k) and 403(b)
employer contributions) . . . . . . . . . . . . . . . . . . . .
9 Other employee benefits . . . . . . . . . . . . . . . . . . . 17,444. 8,024. 9,420.
10 Payroll taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,161. 6,054. 7,107.
11 Fees for services (nonemployees):
a Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b Legal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 139,639. 139,639.
c Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118,492. 118,492.
d Lobbying . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
e Professional fundraising services. See Part IV, line 17 . . .
f Investment management fees. . . . . . . . . . . . . . .
g Other. (If line 11g amount exceeds 10% of line 25, column
(A), amount, list line 11g expenses on Schedule O.). . . . .
12 Advertising and promotion. . . . . . . . . . . . . . . . . .
13 Office expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,551. 5,969. 3,582.
14 Information technology . . . . . . . . . . . . . . . . . . . . . 19,738. 12,336. 7,402.
15 Royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16 Occupancy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 421,900. 401,000. 20,900.
17 Travel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18 Payments of travel or entertainment
expenses for any federal, state, or local
public officials . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19 Conferences, conventions, and meetings . . . .
20 Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21 Payments to affiliates . . . . . . . . . . . . . . . . . . . . . .
22 Depreciation, depletion, and amortization. . . . 24,305. 23,000. 1,305.
23 Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63,275. 39,547. 23,728.
24 Other expenses. Itemize expenses not
covered above. (List miscellaneous expenses
on line 24e. If line 24e amount exceeds 10%
of line 25, column (A), amount, list line 24e
expenses on Schedule O.). . . . . . . . . . . . . . . . . .
a Other Expenses 2,173. 1,358. 815.
b Payroll Administration 1,409. 648. 761.
c Bank Fees 931. 582. 349.
d Filing Fees 198. 124. 74.
e All other expenses . . . . . . . . . . . . . . . . . . . . . . . . .
25 Total functional expenses. Add lines 1 through 24e. . . . 1,294,149. 907,331. 386,818. 0.
26 Joint costs. Complete this line only if
the organization reported in column (B)
joint costs from a combined educational
campaign and fundraising solicitation.
Check here if following
SOP 98-2 (ASC 958-720). . . . . . . . . . . . . . . . . . .
BAA TEEA0110L 09/01/22 Form 990 (2022)
Part X Balance Sheet
Check if Schedule O contains a response or note to any line in this Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(A) (B)
Beginning of year End of year
1 Cash ' non-interest-bearing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,009,098. 1 1,082,640.
2 Savings and temporary cash investments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,168,730. 2 15,535,676.
3 Pledges and grants receivable, net. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Accounts receivable, net. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Loans and other receivables from any current or former officer, director,
trustee, key employee, creator or founder, substantial contributor, or 35%
controlled entity or family member of any of these persons . . . . . . . . . . . . . . . . . . . . . 5
6 Loans and other receivables from other disqualified persons (as defined under
section 4958(f)(1)), and persons described in section 4958(c)(3)(B). . . . . . . . . . . . . . 6
7 Notes and loans receivable, net. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Inventories for sale or use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Prepaid expenses and deferred charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 504,314. 9 1,016,336.
10a Land, buildings, and equipment: cost or other basis.
Complete Part VI of Schedule D. . . . . . . . . . . . . . . . . . . . 10a 185,952.
b Less: accumulated depreciation. . . . . . . . . . . . . . . . . . . . 10b 105,423. 104,834. 10c 80,529.
11 Investments ' publicly traded securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
12 Investments ' other securities. See Part IV, line 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13 Investments ' program-related. See Part IV, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14 Intangible assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
15 Other assets. See Part IV, line 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,189,387. 15 1,080,403.
16 Total assets. Add lines 1 through 15 (must equal line 33). . . . . . . . . . . . . . . . . . . . . . . 19,976,363. 16 18,795,584.
17 Accounts payable and accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,761. 17 159,646.

18 Grants payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
19 Deferred revenue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
20 Tax-exempt bond liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
21 Escrow or custodial account liability. Complete Part IV of Schedule D. . . . . . . . . . . 21
22 Loans and other payables to any current or former officer, director, trustee,
key employee, creator or founder, substantial contributor, or 35%
controlled entity or family member of any of these persons . . . . . . . . . . . . . . . . . . . . . 22
23 Secured mortgages and notes payable to unrelated third parties . . . . . . . . . . . . . . . . 23
24 Unsecured notes and loans payable to unrelated third parties . . . . . . . . . . . . . . . . . . . 24
25 Other liabilities (including federal income tax, payables to related third parties,
and other liabilities not included on lines 17-24). Complete Part X of Schedule D. 25
26 Total liabilities. Add lines 17 through 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,761. 26 159,646.
Organizations that follow FASB ASC 958, check here X
and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19,885,602. 27 18,635,938.
28 Net assets with donor restrictions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
Organizations that do not follow FASB ASC 958, check here
and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
30 Paid-in or capital surplus, or land, building, or equipment fund . . . . . . . . . . . . . . . . . . 30
31 Retained earnings, endowment, accumulated income, or other funds . . . . . . . . . . . . 31
32 Total net assets or fund balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19,885,602. 32 18,635,938.
33 Total liabilities and net assets/fund balances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19,976,363. 33 18,795,584.
BAA TEEA0111L 09/01/22 Form 990 (2022)
Part XI Reconciliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 Total revenue (must equal Part VIII, column (A), line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 44,485.
2 Total expenses (must equal Part IX, column (A), line 25). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1,294,149.
3 Revenue less expenses. Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 -1,249,664.
4 Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)). . . . . . . . . . . . . . . . . . 4 19,885,602.
5 Net unrealized gains (losses) on investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Investment expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Prior period adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Other changes in net assets or fund balances (explain on Schedule O). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 0.
10 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32,
column (B)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 18,635,938.
Part XII Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes No
1 Accounting method used to prepare the Form 990: Cash X Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain
on Schedule O.
2a Were the organization's financial statements compiled or reviewed by an independent accountant? . . . . . . . . . . . . . . . . . . . . 2a X
If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a
separate basis, consolidated basis, or both:
Separate basis Consolidated basis Both consolidated and separate basis
b Were the organization's financial statements audited by an independent accountant?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b X
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate
basis, consolidated basis, or both:
Separate basis X Consolidated basis Both consolidated and separate basis
c If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,
review, or compilation of its financial statements and selection of an independent accountant?. . . . . . . . . . . . . . . . . . . . . . . . . 2c X
If the organization changed either its oversight process or selection process during the tax year, explain
on Schedule O.
3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform
Guidance, 2 C.F.R Part 200, Subpart F?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a X
b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit
or audits, explain why on Schedule O and describe any steps taken to undergo such audits. . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b
BAA TEEA0112L 09/01/22 Form 990 (2022)
OMB No. 1545-0047
Public Charity Status and Public Support
SCHEDULE A
(Form 990) Complete if the organization is a section 501(c)(3) organization or a section 2022
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. Open to Public
Department of the Treasury Inspection
Internal Revenue Service Go to www.irs.gov/Form990 for instructions and the latest information.
Name of the organization Employer identification number
OpenAI Inc. 81-0861541

Part I Reason for Public Charity Status. (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1 A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).
2 A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)
3 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).
4 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's
name, city, and state:
5 An organization operated for the benefit of a college or university owned or operated by a governmental unit described in
section 170(b)(1)(A)(iv). (Complete Part II.)
6 A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).
7 X An organization that normally receives a substantial part of its support from a governmental unit or from the general public described
in section 170(b)(1)(A)(vi). (Complete Part II.)
8 A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)
9 An agricultural research organization described in section 170(b)(1)(A)(ix) operated in conjunction with a land-grant college
or university or a non-land-grant college of agriculture (see instructions). Enter the name, city, and state of the college or
university:
10 An organization that normally receives (1) more than 33-1/3% of its support from contributions, membership fees, and gross receipts
from activities related to its exempt functions, subject to certain exceptions; and (2) no more than 33-1/3% of its support from gross
investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after
June 30, 1975. See section 509(a)(2). (Complete Part III.)
11 An organization organized and operated exclusively to test for public safety. See section 509(a)(4).
12 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one
or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on
lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.
a Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported
organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must
complete Part IV, Sections A and B.
b Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or
management of the supporting organization vested in the same persons that control or manage the supported organization(s). You
must complete Part IV, Sections A and C.
c Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported
organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.
d Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not
functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see
instructions). You must complete Part IV, Sections A and D, and Part V.
e Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally
integrated, or Type III non-functionally integrated supporting organization.
f Enter the number of supported organizations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
g Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (iv) Is the (v) Amount of monetary (vi) Amount of other
(described on lines 1-10 organization listed support (see instructions) support (see instructions)
above (see instructions)) in your governing
document?
Yes No
(A)
(B)
(C)
(D)
(E)
Total
BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule A (Form 990) 2022
TEEA0401L 09/09/22
Schedule A (Form 990) 2022 OpenAI Inc. 81-0861541 Page 2
Part II Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the
organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year (a) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (f) Total
beginning in)
1 Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants."). . . . . . . . 49917797. 33580000. 2,661,461. 3,066. 1,611. 86,163,935.
2 Tax revenues levied for the
organization's benefit and
either paid to or expended
on its behalf. . . . . . . . . . . . . . . . . . 0.
3 The value of services or
facilities furnished by a
governmental unit to the
organization without charge. . . . 0.
4 Total. Add lines 1 through 3 . . . 49917797. 33580000. 2,661,461. 3,066. 1,611. 86,163,935.
5 The portion of total
contributions by each person
(other than a governmental
unit or publicly supported
organization) included on line 1
that exceeds 2% of the amount
shown on line 11, column (f). . . 39,825,320.
6 Public support. Subtract line 5
from line 4 . . . . . . . . . . . . . . . . . . . 46,338,615.
Section B. Total Support
Calendar year (or fiscal year (a) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (f) Total
beginning in)
7 Amounts from line 4 . . . . . . . . . . 49917797. 33580000. 2,661,461. 3,066. 1,611. 86,163,935.
8 Gross income from interest,
dividends, payments received
on securities loans, rents,
royalties, and income from
similar sources . . . . . . . . . . . . . . . 96,633. 8,662. 42,874. 148,169.
9 Net income from unrelated
business activities, whether or
not the business is regularly
carried on . . . . . . . . . . . . . . . . . . . . 0.
10 Other income. Do not include
gain or loss from the sale of
capital assets (Explain in
Part VI.). . See
. . . . . . Part
. . . . . . . .VI
...... 50,834. 19,688. 70,522.
11 Total support. Add lines 7
through 10. . . . . . . . . . . . . . . . . . . . 86,382,626.
12 Gross receipts from related activities, etc. (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 0.
13 First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)
organization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section C. Computation of Public Support Percentage
14 Public support percentage for 2022 (line 6, column (f), divided by line 11, column (f)) . . . . . . . . . . . . . . . . . . . . . . . . . . 14 53.64 %
15 Public support percentage from 2021 Schedule A, Part II, line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 68.00 %
16a 33-1/3% support test'2022. If the organization did not check the box on line 13, and line 14 is 33-1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
b 33-1/3% support test'2021. If the organization did not check a box on line 13 or 16a, and line 15 is 33-1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17a 10%-facts-and-circumstances test'2022. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10%
or more, and if the organization meets the facts-and-circumstances test, check this box and stop here. Explain in Part VI how
the organization meets the facts-and-circumstances test. The organization qualifies as a publicly supported organization . . . . . . . . . . . . .
b 10%-facts-and-circumstances test'2021. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10%
or more, and if the organization meets the facts-and-circumstances test, check this box and stop here. Explain in Part VI how the
organization meets the facts-and-circumstances test. The organization qualifies as a publicly supported organization. . . . . . . . . . . . . . . . .
18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions . . . . .
BAA Schedule A (Form 990) 2022
TEEA0402L 09/09/22
Part III Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization
fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) (a) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (f) Total
1 Gifts, grants, contributions,
and membership fees
received. (Do not include
any "unusual grants."). . . . . . . . .
2 Gross receipts from admissions,
merchandise sold or services
performed, or facilities
furnished in any activity that is
related to the organization's
tax-exempt purpose. . . . . . . . . . .
3 Gross receipts from activities
that are not an unrelated trade
or business under section 513 .
4 Tax revenues levied for the
organization's benefit and
either paid to or expended on
its behalf. . . . . . . . . . . . . . . . . . . . .
5 The value of services or
facilities furnished by a
governmental unit to the
organization without charge. . . .
6 Total. Add lines 1 through 5 . . .
7a Amounts included on lines 1,
2, and 3 received from
disqualified persons. . . . . . . . . . .
b Amounts included on lines 2
and 3 received from other than
disqualified persons that
exceed the greater of $5,000 or
1% of the amount on line 13
for the year. . . . . . . . . . . . . . . . . . .
c Add lines 7a and 7b. . . . . . . . . . .
8 Public support. (Subtract line
7c from line 6.) . . . . . . . . . . . . . . .
Section B. Total Support
Calendar year (or fiscal year beginning in) (a) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (f) Total
9 Amounts from line 6 . . . . . . . . . .
10a Gross income from interest, dividends,
payments received on securities loans,
rents, royalties, and income from
similar sources . . . . . . . . . . . . . . . . . .
b Unrelated business taxable
income (less section 511
taxes) from businesses
acquired after June 30, 1975. . .
c Add lines 10a and 10b. . . . . . . . .
11 Net income from unrelated business
activities not included on line 10b,
whether or not the business is
regularly carried on . . . . . . . . . . . . . . .
12 Other income. Do not include
gain or loss from the sale of
capital assets (Explain in
Part VI.). . . . . . . . . . . . . . . . . . . . . .
13 Total support. (Add Iines 9,
10c, 11, and 12.). . . . . . . . . . . . . .
14 First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)
organization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section C. Computation of Public Support Percentage
15 Public support percentage for 2022 (line 8, column (f), divided by line 13, column (f)) . . . . . . . . . . . . . . . . . . . . . . . . . . 15 %
16 Public support percentage from 2021 Schedule A, Part III, line 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 %
Section D. Computation of Investment Income Percentage
17 Investment income percentage for 2022 (line 10c, column (f), divided by line 13, column (f)). . . . . . . . . . . . . . . . . . . . 17 %
18 Investment income percentage from 2021 Schedule A, Part III, line 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 %
19a 33-1/3% support tests'2022. If the organization did not check the box on line 14, and line 15 is more than 33-1/3%, and line 17
is not more than 33-1/3%, check this box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . . . .
b 33-1/3% support tests'2021. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33-1/3%, and
line 18 is not more than 33-1/3%, check this box and stop here. The organization qualifies as a publicly supported organization. . . . . . .
20 Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions. . . . . . . . . . . . . . .
BAA TEEA0403L 09/09/22 Schedule A (Form 990) 2022
Part IV Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, Part I, complete Sections A
and B. If you checked box 12b, Part I, complete Sections A and C. If you checked box 12c, Part I, complete
Sections A, D, and E. If you checked box 12d, Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes No
1 Are all of the organization's supported organizations listed by name in the organization's governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose, describe
the designation. If historic and continuing relationship, explain. 1
2 Did the organization have any supported organization that does not have an IRS determination of status under section
509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was
described in section 509(a)(1) or (2). 2
3a Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b
and 3c below. 3a
b Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and
satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization
made the determination. 3b
c Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B)
purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use. 3c
4a Was any supported organization not organized in the United States ("foreign supported organization")? If "Yes" and
if you checked box 12a or 12b in Part I, answer lines 4b and 4c below. 4a
b Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported
organization? If "Yes," describe in Part VI how the organization had such control and discretion despite being controlled
or supervised by or in connection with its supported organizations. 4b
c Did the organization support any foreign supported organization that does not have an IRS determination under
sections 501(c)(3) and 509(a)(1) or (2)? If "Yes," explain in Part VI what controls the organization used to ensure that
all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes. 4c
5a Did the organization add, substitute, or remove any supported organizations during the tax year? If "Yes," answer lines
5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the
supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the
authority under the organization's organizing document authorizing such action; and (iv) how the action was
accomplished (such as by amendment to the organizing document). 5a
b Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the
organization's organizing document? 5b
c Substitutions only. Was the substitution the result of an event beyond the organization's control? 5c
6 Did the organization provide support (whether in the form of grants or the provision of services or facilities) to
anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one
or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of
the filing organization's supported organizations? If "Yes," provide detail in Part VI. 6
7 Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor
(as defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with
regard to a substantial contributor? If "Yes," complete Part I of Schedule L (Form 990). 7
8 Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If "Yes,"
complete Part I of Schedule L (Form 990). 8
9a Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons,
as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))?
If "Yes," provide detail in Part VI. 9a
b Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the
supporting organization had an interest? If "Yes," provide detail in Part VI. 9b
c Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from,
assets in which the supporting organization also had an interest? If "Yes," provide detail in Part VI. 9c
10a Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding
certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If "Yes,"
answer line 10b below. 10a
b Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine
whether the organization had excess business holdings.) 10b
Part IV Supporting Organizations (continued)
Yes No
11 Has the organization accepted a gift or contribution from any of the following persons?
a A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below,
the governing body of a supported organization? 11a
b A family member of a person described on line 11a above? 11b
c A 35% controlled entity of a person described on line 11a or 11b above? If "Yes" to line 11a, 11b, or 11c, provide detail in Part VI. 11c
Section B. Type I Supporting Organizations
Yes No
1 Did the governing body, members of the governing body, officers acting in their official capacity, or membership of one
or more supported organizations have the power to regularly appoint or elect at least a majority of the organization's
officers, directors, or trustees at all times during the tax year? If "No," describe in Part VI how the supported
organization(s) effectively operated, supervised, or controlled the organization's activities. If the organization had more
than one supported organization, describe how the powers to appoint and/or remove officers, directors, or trustees
were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers
during the tax year. 1
2 Did the organization operate for the benefit of any supported organization other than the supported organization(s)
that operated, supervised, or controlled the supporting organization? If "Yes," explain in Part VI how providing such
benefit carried out the purposes of the supported organization(s) that operated, supervised, or controlled the
supporting organization. 2
Section C. Type II Supporting Organizations

Yes No
1 Were a majority of the organization's directors or trustees during the tax year also a majority of the directors or trustees
of each of the organization's supported organization(s)? If "No," describe in Part VI how control or management of the
supporting organization was vested in the same persons that controlled or managed the supported organization(s). 1
Section D. All Type III Supporting Organizations

Yes No
1 Did the organization provide to each of its supported organizations, by the last day of the fifth month of the
organization's tax year, (i) a written notice describing the type and amount of support provided during the prior tax
year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the
organization's governing documents in effect on the date of notification, to the extent not previously provided? 1
2 Were any of the organization's officers, directors, or trustees either (i) appointed or elected by the supported
organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how
the organization maintained a close and continuous working relationship with the supported organization(s). 2
3 By reason of the relationship described on line 2, above, did the organization's supported organizations have a significant
voice in the organization's investment policies and in directing the use of the organization's income or assets at
all times during the tax year? If "Yes," describe in Part VI the role the organization's supported organizations played
in this regard. 3
Section E. Type III Functionally Integrated Supporting Organizations
1 Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions).
a The organization satisfied the Activities Test. Complete line 2 below.
b The organization is the parent of each of its supported organizations. Complete line 3 below.
c The organization supported a governmental entity. Describe in Part VI how you supported a governmental entity (see instructions).
2 Activities Test. Answer lines 2a and 2b below. Yes No

a Did substantially all of the organization's activities during the tax year directly further the exempt purposes of the
supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported
organizations and explain how these activities directly furthered their exempt purposes, how the organization was
responsive to those supported organizations, and how the organization determined that these activities constituted
substantially all of its activities. 2a
b Did the activities described on line 2a, above, constitute activities that, but for the organization's involvement, one or
more of the organization's supported organization(s) would have been engaged in? If "Yes," explain in Part VI the
reasons for the organization's position that its supported organization(s) would have engaged in these activities
but for the organization's involvement. 2b
3 Parent of Supported Organizations. Answer lines 3a and 3b below.

a Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of
each of the supported organizations? If "Yes" or "No," provide details in Part VI. 3a
b Did the organization exercise a substantial degree of direction over the policies, programs, and activities of each of its
supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard. 3b
Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1 Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See
instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.
(B) Current Year
Section A ' Adjusted Net Income (A) Prior Year (optional)
1 Net short-term capital gain 1
2 Recoveries of prior-year distributions 2
3 Other gross income (see instructions) 3
4 Add lines 1 through 3. 4
5 Depreciation and depletion 5
6 Portion of operating expenses paid or incurred for production or collection of gross
income or for management, conservation, or maintenance of property held for
production of income (see instructions) 6
7 Other expenses (see instructions) 7
8 Adjusted Net Income (subtract lines 5, 6, and 7 from line 4) 8
(B) Current Year
Section B ' Minimum Asset Amount (A) Prior Year (optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short
tax year or assets held for part of year):
a Average monthly value of securities 1a
b Average monthly cash balances 1b
c Fair market value of other non-exempt-use assets 1c
d Total (add lines 1a, 1b, and 1c) 1d
e Discount claimed for blockage or other factors
(explain in detail in Part VI):
2 Acquisition indebtedness applicable to non-exempt-use assets 2
3 Subtract line 2 from line 1d. 3
4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount,
see instructions). 4
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5
6 Multiply line 5 by 0.035. 6
7 Recoveries of prior-year distributions 7
8 Minimum Asset Amount (add line 7 to line 6) 8
Section C ' Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, column A) 1
2 Enter 0.85 of line 1. 2
3 Minimum asset amount for prior year (from Section B, line 8, column A) 3
4 Enter greater of line 2 or line 3. 4
5 Income tax imposed in prior year 5
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency
temporary reduction (see instructions). 6
7 Check here if the current year is the organization's first as a non-functionally integrated Type III supporting organization
(see instructions).
TEEA0406L 09/09/22
Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued)
Section D ' Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes 1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations,
in excess of income from activity 2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3
4 Amounts paid to acquire exempt-use assets 4
5 Qualified set-aside amounts (prior IRS approval required ' provide details in Part VI) 5
6 Other distributions (describe in Part VI). See instructions. 6
7 Total annual distributions. Add lines 1 through 6. 7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details
in Part VI). See instructions. 8
9 Distributable amount for 2022 from Section C, line 6 9
10 Line 8 amount divided by line 9 amount 10
(i) (ii) (iii)
Section E ' Distribution Allocations (see instructions) Excess Underdistributions Distributable
Distributions Pre-2022 Amount for 2022
1 Distributable amount for 2022 from Section C, line 6
2 Underdistributions, if any, for years prior to 2022 (reasonable
cause required ' explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2022
a From 2017. . . . . . . . . . . . . . . .
b From 2018. . . . . . . . . . . . . . . .
c From 2019. . . . . . . . . . . . . . . .
d From 2020. . . . . . . . . . . . . . . .
e From 2021. . . . . . . . . . . . . . . .
f Total of lines 3a through 3e
g Applied to underdistributions of prior years
h Applied to 2022 distributable amount
i Carryover from 2017 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4 Distributions for 2022 from Section D,
line 7: $
a Applied to underdistributions of prior years
b Applied to 2022 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2022, if any.
Subtract lines 3g and 4a from line 2. For result greater than
zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2022. Subtract lines 3h and 4b
from line 1. For result greater than zero, explain in Part VI. See
instructions.
7 Excess distributions carryover to 2023. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2018. . . . . . .
b Excess from 2019. . . . . . .
c Excess from 2020. . . . . . .
d Excess from 2021. . . . . . .
e Excess from 2022. . . . . . .
TEEA0407L 09/09/22
Part VI Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part
III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section
B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b,
3a, and 3b; Part V, line 1; Part V, Section B, line 1e; Part V, Section D, lines 5, 6, and 8; and Part V, Section E,
lines 2, 5, and 6. Also complete this part for any additional information. (See instructions.)
Part II, Line 10 - Other Income
Nature and Source 2022 2021 2020 2019 2018
Other Revenue $ 19,688. $ 50,834.

Total $ 0. $ 0. $ 0. $ 19,688. $ 50,834.

SCHEDULE C Political Campaign and Lobbying Activities OMB No. 1545-0047
(Form 990)
For Organizations Exempt From Income Tax Under section 501(c) and section 527 2022
Complete if the organization is described below. Attach to Form 990 or Form 990-EZ. Open to Public
Department of the Treasury Go to www.irs.gov/Form990 for instructions and the latest information. Inspection
Internal Revenue Service
If the organization answered "Yes," on Form 990, Part IV, line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
? Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
? Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
? Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes," on Form 990, Part IV, line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
? Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
? Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete
Part II-A.
If the organization answered "Yes," on Form 990, Part IV, line 5 (Proxy Tax) (See separate instructions) or Form 990-EZ, Part V, line 35c
(Proxy Tax) (See separate instructions), then
? Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of organization Employer identification number

Part I-A Complete if the organization is exempt under section 501(c) or is a section 527 organization.
1 Provide a description of the organization's direct and indirect political campaign activities in Part IV.
See instructions for definition of "political campaign activities."
2 Political campaign activity expenditures. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
3 Volunteer hours for political campaign activities. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part I-B Complete if the organization is exempt under section 501(c)(3).
1 Enter the amount of any excise tax incurred by the organization under section 4955. . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.
2 Enter the amount of any excise tax incurred by organization managers under section 4955 . . . . . . . . . . . . . . . . . . . . . $ 0.
3 If the organization incurred a section 4955 tax, did it file Form 4720 for this year?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
4a Was a correction made?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
b If "Yes," describe in Part IV.
Part I-C Complete if the organization is exempt under section 501(c) , except section 501(c)(3).
1 Enter the amount directly expended by the filing organization for section 527 exempt function activities . . . . . . . . . $
2 Enter the amount of the filing organization's funds contributed to other organizations for section
527 exempt function activities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
3 Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL,
line 17b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
4 Did the filing organization file Form 1120-POL for this year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
5 Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization's funds. Also enter the
amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate
segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from (e) Amount of political
filing organization's contributions received and
funds. If none, enter-0-. promptly and directly
delivered to a separate
political organization. If
none, enter -0-.
(1)
(2)
(3)
(4)
(5)
(6)
BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule C (Form 990) 2022
TEEA3201L 09/06/22
Schedule C (Form 990) 2022 OpenAI Inc. 81-0861541 Page 2
Part II-A Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under
section 501(h)).
A Check if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name,
address, EIN, expenses, and share of excess lobbying expenditures).
B Check if the filing organization checked box A and "limited control" provisions apply.
Limits on Lobbying Expenditures (a) Filing (b) Affiliated

organization's totals group totals
(The term "expenditures" means amounts paid or incurred.)
1a Total lobbying expenditures to influence public opinion (grassroots lobbying). . . . . . . . . . . . . . .
b Total lobbying expenditures to influence a legislative body (direct lobbying). . . . . . . . . . . . . . . .
c Total lobbying expenditures (add lines 1a and 1b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0. 0.
d Other exempt purpose expenditures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,294,149.
e Total exempt purpose expenditures (add lines 1c and 1d). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,294,149. 0.
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 204,415.
If the amount on line 1e, column (a) or (b) is: The lobbying nontaxable amount is:
Not over $500,000 20% of the amount on line 1e.
Over $500,000 but not over $1,000,000 $100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000 $1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51,104. 0.
h Subtract line 1g from line 1a. If zero or less, enter -0-. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0. 0.
i Subtract line 1f from line 1c. If zero or less, enter -0-. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0. 0.
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
4-Year Averaging Period Under Section 501(h)

(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) Total
beginning in)
2a Lobbying nontaxable
amount 316,646. 799,527. 213,956. 204,415. 1,534,544.
b Lobbying ceiling
amount (150% of line
2a, column (e)) 2,301,816.
c Total lobbying
expenditures 0.
d Grassroots nontaxable
amount 79,162. 199,882. 53,489. 51,104. 383,637.
e Grassroots ceiling
amount (150% of line
2d, column (e)) 575,456.
f Grassroots lobbying
expenditures 0.
BAA Schedule C (Form 990) 2022
TEEA3202L 09/06/22
Schedule C (Form 990) 2022 OpenAI Inc. 81-0861541 Page 3
Part II-B Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768
(election under section 501(h)).
(a) (b)
For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed
description of the lobbying activity. Yes No Amount
1 During the year, did the filing organization attempt to influence foreign, national, state, or local
legislation, including any attempt to influence public opinion on a legislative matter or referendum,
through the use of:
a Volunteers? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? . . . . . . .
c Media advertisements?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d Mailings to members, legislators, or the public?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
e Publications, or published or broadcast statements?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
f Grants to other organizations for lobbying purposes?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
g Direct contact with legislators, their staffs, government officials, or a legislative body?. . . . . . . . . . . . . . . . .
h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means?. . . . . . . . . . . .
i Other activities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
j Total. Add lines 1c through 1i. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2a Did the activities in line 1 cause the organization to be not described in section 501(c)(3)?. . . . . . . . . . . . .
b If "Yes," enter the amount of any tax incurred under section 4912. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c If "Yes," enter the amount of any tax incurred by organization managers under section 4912. . . . . . . . . . .
d If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year?. . . . . . . . . . . . . . . .
Part III-A Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or
section 501(c)(6).
Yes No
1 Were substantially all (90% or more) dues received nondeductible by members?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Did the organization make only in-house lobbying expenditures of $2,000 or less? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Did the organization agree to carry over lobbying and political campaign activity expenditures from the prior year?. . . . . . 3
Part III-B Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)
(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No," OR (b) Part III-A, line 3, is
answered "Yes."
1 Dues, assessments and similar amounts from members. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a Current year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a
b Carryover from last year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b
c Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c
3 Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues . . . . . . . . . . 3
4 If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess
does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political
expenditures next year?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Taxable amount of lobbying and political expenditures. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Part IV Supplemental Information
Provide the descriptions required for Part I-A, line 1; Part I-B, line 4; Part I-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and
2 (See instructions); and Part II-B, line 1. Also, complete this part for any additional information.
BAA Schedule C (Form 990) 2022
TEEA3203L 09/06/22
OMB No. 1545-0047
SCHEDULE D Supplemental Financial Statements
(Form 990) Complete if the organization answered "Yes" on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
2022
Attach to Form 990. Open to Public
Department of the Treasury

Part I Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts.
Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year . . . . . . . . . . . . . . . .
2 Aggregate value of contributions to (during year). . . . . . .
3 Aggregate value of grants from (during year). . . . . . . . . .
4 Aggregate value at end of year . . . . . . . . . . . . .
5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds
are the organization's property, subject to the organization's exclusive legal control? . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only
for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring
impermissible private benefit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
Part II Conservation Easements.
1 Purpose(s) of conservation easements held by the organization (check all that apply).
Preservation of land for public use (for example, recreation or education) Preservation of a historically important land area
Protection of natural habitat Preservation of a certified historic structure
Preservation of open space
2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the
last day of the tax year.
Held at the End of the Tax Year
a Total number of conservation easements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 a
b Total acreage restricted by conservation easements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 b
c Number of conservation easements on a certified historic structure included in (a) . . . . . . . . . . . . . 2 c
d Number of conservation easements included in (c) acquired after July 25, 2006 and not on a
historic structure listed in the National Register . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 d
3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year
4 Number of states where property subject to conservation easement is located
5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations,
and enforcement of the conservation easements it holds? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
6 Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
7 Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i)
and section 170(h)(4)(B)(ii)?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
9 In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement and balance sheet, and
include, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for
conservation easements.
Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
1 a If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide in
Part XIII the text of the footnote to its financial statements that describes these items.
b If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the
following amounts relating to these items:
(i) Revenue included on Form 990, Part VIII, line 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
(ii) Assets included in Form 990, Part X. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the following
amounts required to be reported under FASB ASC 958 relating to these items:
a Revenue included on Form 990, Part VIII, line 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
b Assets included in Form 990, Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990. TEEA3301L 07/06/22 Schedule D (Form 990) 2022
Schedule D (Form 990) 2022 OpenAI Inc. 81-0861541 Page 2
Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3 Using the organization's acquisition, accession, and other records, check any of the following that make significant use of its collection
items (check all that apply):
a Public exhibition d Loan or exchange program
b Scholarly research e Other
c Preservation for future generations
4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in
Part XIII.
5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets
to be sold to raise funds rather than to be maintained as part of the organization's collection? . . . . . . . . . . . . . . . . . . . . Yes No
Part IV Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or
reported an amount on Form 990, Part X, line 21.
1 a Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included
on Form 990, Part X? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
b If "Yes," explain the arrangement in Part XIII and complete the following table:
Amount
c Beginning balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 c
d Additions during the year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 d
e Distributions during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 e
f Ending balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 f
2 a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?. . . . . Yes No
b If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided on Part XIII. . . . . . . . . . . . . . . . . . . . .
Part V Endowment Funds. Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1 a Beginning of year balance. . . . . .
b Contributions . . . . . . . . . . . . . . . . . .
c Net investment earnings, gains,
and losses. . . . . . . . . . . . . . . . . . . . .
d Grants or scholarships . . . . . . . . .
e Other expenditures for facilities
and programs. . . . . . . . . . . . . . . . . .
f Administrative expenses. . . . . . . .
g End of year balance. . . . . . . . . . . .
2 Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a Board designated or quasi-endowment %
b Permanent endowment %
c Term endowment %
The percentages on lines 2a, 2b, and 2c should equal 100%.
3 a Are there endowment funds not in the possession of the organization that are held and administered for the
organization by: Yes No
(i) Unrelated organizations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a(i)
(ii) Related organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a(ii)
b If "Yes" on line 3a(ii), are the related organizations listed as required on Schedule R?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b
4 Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (b) Cost or other (c) Accumulated (d) Book value
(investment) basis (other) depreciation
1 a Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b Buildings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c Leasehold improvements. . . . . . . . . . . . . . . . . . . 178,180. 100,748. 77,432.
d Equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,347. 2,347. 0.
e Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,425. 2,328. 3,097.
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10c.). . . . . . . . . . . . . . . . . . . . . . . 80,529.
BAA Schedule D (Form 990) 2022
TEEA3302L 07/06/22
Part VII Investments ' Other Securities. N/A
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category (including name of security) (b) Book value (c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) Closely held equity interests. . . . . . . . . . . . . . . . . . . . . . . . .
(3) Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, column (B) line 12.) . . . . .
Part VIII Investments ' Program Related. N/A
Complete if the organization answered "Yes" on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation: Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, column (B) line 13.). . . . .
Part IX Other Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1) Receivable from Affiliate 1,080,403.
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, column (B) line 15.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,080,403.
Part X Other Liabilities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1. (a) Description of liability (b) Book value
(1) Federal income taxes
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
Total. (Column (b) must equal Form 990, Part X, column (B) line 25.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain
tax positions under FASB ASC 740. Check here if the text of the footnote has been provided in Part XIII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .See . . . . . .Part
. . . . . . . XIII
....... X
BAA TEEA3303L 07/06/22 Schedule D (Form 990) 2022
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. N/A
Complete if the organization answered "Yes" on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a
b Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b
c Recoveries of prior year grants. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c
d Other (Describe in Part XIII.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2d
e Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2e
3 Subtract line 2e from line 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b. . . . . . . . . . . . . . 4a
b Other (Describe in Part XIII.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4b
c Add lines 4a and 4b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4c
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.). . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. N/A
Complete if the organization answered "Yes" on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a
b Prior year adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b
c Other losses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c
d Other (Describe in Part XIII.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2d
e Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2e
3 Subtract line 2e from line 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b. . . . . . . . . . . . . . 4a
b Other (Describe in Part XIII.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4b
c Add lines 4a and 4b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4c
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.). . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Part XIII Supplemental Information.
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V,
line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Part X - FASB ASC 740 Footnote
There is no provision for federal or state taxes on income since the Organization is
a tax-exempt entity under Internal Revenue Codes 501(c)(3) and California Revenue
and Taxation Code 23701(d). The Organization has evaluated its current tax position
and has concluded that as of December 31, 2022, the Organization does not have any
uncertain tax positions for which a reserve would be necessary and no unrelated
business taxable income arising from its activities.
BAA Schedule D (Form 990) 2022
TEEA3304L 07/06/22
OMB No. 1545-0047
SCHEDULE I Grants and Other Assistance to Organizations,
(Form 990) Governments, and Individuals in the United States
Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22.
2022
Internal Revenue Service Go to www.irs.gov/Form990 for the latest information. Inspection

Part I General Information on Grants and Assistance
1 Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No
2 Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name and address of organization (b) EIN (c) IRC section (d) Amount of cash grant (e) Amount of noncash (f) Method of valuation (g) Description of (h) Purpose of grant
or government (if applicable) assistance (book, FMV, appraisal, noncash assistance or assistance
other)
(1) Duke University

PO Box 104132 Research
Durham, NC 27708 56-0532129 501(c)(3) 333,333. 0. Support
(2) NYX Arts LLC Community
660 4th St, #323 Engagement on
San Francisco, CA 94107 N/A 30,000. 0. AI Impact
(3)
(4)
(5)
(6)
(7)
(8)
2Enter total number of section 501(c)(3) and government organizations listed in the line 1 table. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
3 Enter total number of other organizations listed in the line 1 table. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
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Schedule I (Form 990) 2022 OpenAI Inc. 81-0861541 Page 2
Part III Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22. Part III
can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of (c) Amount of (d) Amount of (e) Method of valuation (book, (f) Description of noncash assistance
recipients cash grant noncash assistance FMV, appraisal, other)
7
Part IV Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
BAA TEEA3902L 06/29/22 Schedule I (Form 990) 2022

SCHEDULE J Compensation Information OMB No. 1545-0047
(Form 990) For certain Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
2022

Part I Questions Regarding Compensation
Yes No
1a Check the appropriate box(es) if the organization provided any of the following to or for a person listed on Form 990, Part
VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
First-class or charter travel Housing allowance or residence for personal use
Travel for companions Payments for business use of personal residence
Tax indemnification and gross-up payments Health or social club dues or initiation fees
Discretionary spending account Personal services (such as maid, chauffeur, chef)
b If any of the boxes on line 1a are checked, did the organization follow a written policy regarding payment or
reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain. . . . . . . . . . . . . . . . 1b
2 Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all directors,
trustees, and officers, including the CEO/Executive Director, regarding the items checked on line 1a? . . . . . . . . . . . . . . . . . . 2 X
3 Indicate which, if any, of the following the organization used to establish the compensation of the organization's CEO/
Executive Director. Check all that apply. Do not check any boxes for methods used by a related organization to
establish compensation of the CEO/Executive Director, but explain in Part III.
X Compensation committee X Written employment contract
Independent compensation consultant X Compensation survey or study
X Form 990 of other organizations X Approval by the board or compensation committee
4 During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing
organization or a related organization:
a Receive a severance payment or change-of-control payment? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4a X
b Participate in or receive payment from a supplemental nonqualified retirement plan?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4b X
c Participate in or receive payment from an equity-based compensation arrangement?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4c X
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III. Part III
Only section 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the revenues of:
a The organization?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5a X
b Any related organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5b X
If "Yes" on line 5a or 5b, describe in Part III.
6 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the net earnings of:
a The organization?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6a X
b Any related organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6b X
If "Yes" on line 6a or 6b, describe in Part III.
7 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described on lines 5 and 6? If "Yes," describe in Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 X
8 Were any amounts reported on Form 990, Part VII, paid or accrued pursuant to a contract that was subject
to the initial contract exception described in Regulations section 53.4958-4(a)(3)?
If "Yes," describe in Part III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 X
9 If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations
section 53.4958-6(c)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule J (Form 990) 2022
TEEA4101L 07/25/22
Schedule J (Form 990) 2022 OpenAI Inc. 81-0861541 Page 2
Part II Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the instructions,
on row (ii). Do not list any individuals that aren't listed on Form 990, Part VII.
Note: The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(B) Breakdown of W-2 and/or 1099-MISC and/or 1099-NEC compensation (D) Nontaxable (E) Total of (F) Compensation
(A) Name and Title (C) Retirement benefits columns(B)(i)-(D) in column (B)
(i) Base (ii) Bonus & (iii) Other and other reported as
compensation incentive reportable deferred on prior
compensation deferred
compensation compensation Form 990
Ilya Sutskever (i) 0. 0. 0. 0. 0. 0. 0.

1 Director (ii) 312,849. 0. 0. 0. 21,723. 334,572. 0.
Chris Clark (i) 50,000. 0. 0. 0. 8,226. 58,226. 0.
2 Sec/Tres (ii) 325,000. 0. 0. 0. 19,215. 344,215. 0.
Rosemary Campbell (i) 120,000. 0. 0. 0. 16,246. 136,246. 0.
3 Technical Staff (ii) 60,000. 0. 0. 0. 6,023. 66,023. 0.
(i)
4 (ii)
(i)
5 (ii)
(i)
6 (ii)
(i)
7 (ii)
(i)
8 (ii)
(i)
9 (ii)
(i)
10 (ii)
(i)
11 (ii)
(i)
12 (ii)
(i)
13 (ii)
(i)
14 (ii)
(i)
15 (ii)
(i)
16 (ii)
BAA TEEA4102L 07/25/22 Schedule J (Form 990) 2022
Schedule J (Form 990) 2022OpenAI Inc. 81-0861541 Page 3
Part III Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also
complete this part for any additional information.
Part I, Line 4 - Received Severance, Supplemental NQ Retirement, Equity-Based Compensation
In 2022, four individuals listed on Part VII, Section A, line 1a participated in an
equity-based compensation arrangement consisting of profits interests issued by a
related organization (“Related Organization”). Vesting of the profits interests is
generally subject to the individuals’ continued service to the Related Organization
over a period of time, the details of which may vary by individual and grant.
Profits Interests have a liquidation value of $0 at grant pursuant to Rev. Proc.
93-27 and Rev. Proc. 2001-43.
The Related Organization first granted profits interests to applicable individuals
in 2019 under the equity-based compensation arrangement referenced in the previous
paragraph. Nine individuals listed on the 2019 Form 990, Part VII, Section A, line
1a participated in the equity-based compensation arrangement in 2019. Nine
individuals listed on the 2020 Form 990, Part VII, Section A, line 1a participated
in the equity-based compensation arrangement in 2020. Six individuals listed on the
2021 Form 990, Part VII, Section A, line 1a participated in the equity-based
compensation arrangement in 2021. As noted above, vesting of such profits interests
is generally subject to the individuals’ continued service to the Related
Organization, the details of which may vary by individual and grant.

BAA Schedule J (Form 990) 2022
TEEA4103L 07/25/22
Schedule J (Form 990) 2022OpenAI Inc. 81-0861541 Page 3
Part III Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also
complete this part for any additional information.
BAA Schedule J (Form 990) 2022

TEEA4103L 07/25/22
SCHEDULE O Supplemental Information to Form 990 or 990-EZ OMB No. 1545-0047
(Form 990) Complete to provide information for responses to specific questions on

Form 990 or 990-EZ or to provide any additional information. 2022
Attach to Form 990 or Form 990-EZ.
Open to Public
Department of the Treasury Go to www.irs.gov/Form990 for the latest information. Inspection
Internal Revenue Service
Form 990, Part I, Line 1 - Organization Mission or Significant Activities
OpenAI’s 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.
Form 990, Part III, Line 1 - Organization Mission
OpenAI’s 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.
Form 990, Part III, Line 4a - Program Service Accomplishments
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 Organization’s 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

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Schedule O (Form 990) 2022 Page 2
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 Organization’s related organizations is
legally bound to pursue the Organization’s 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 OpenAI’s 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
BAA Schedule O (Form 990) 2022

TEEA4902L 07/22/22
other interdisciplinary research.
3. DALL·E 2, the second iteration of OpenAI’s 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. DALL·E 2 includes
a new technique that reduces bias and improves safety to produce results reflective
of the world’s diverse population. Alongside the DALL·E 2 deployment, the Organization
also launched the OpenAI Artist Access program, which provides artists with
subsidized and free access to OpenAI’s 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.

TEEA4902L 07/22/22
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.
Form 990, Part VI, Line 11b - Form 990 Review Process
The Form 990 is reviewed by OpenAI's accounting team with the Secretary and tax
return preparer. Following the presentation by the Secretary to the board, the
board reviews and approves the full Form 990.
Form 990, Part VI, Line 12c - Explanation of Monitoring and Enforcement of Conflicts
The Secretary reminds board members and officers annually of the policy and answers
any questions the board or officers may have.
Form 990, Part VI, Line 15a - Compensation Review & Approval Process - CEO & Top Management
Determined by a committee of disinterested Board members using comparability data
Form 990, Part VI, Line 15b - Compensation Review & Approval Process - Officers & Key Employees
Determined by a committee of disinterested Board members using comparability data
Form 990, Part VI, Line 19 - Other Organization Documents Publicly Available
Documents available upon request.
Part VI, Section B, Line 16.a
The organization does not have a written joint venture policy with its controlled
partnership, OpenAI, LP (the "Partnership"), but took extensive steps to safeguard
its exempt status, including maintaining control of the Partnership (through control
of its general partner) to ensure that the Partnership furthers the organization’s
exempt purposes, requiring the Partnership to have terms in its partnership
agreement to give priority to exempt purposes over maximizing profits for the other
participants, preventing the Partnership from engaging in activities that would

TEEA4902L 07/22/22
jeopardize the organization's exemption or otherwise contrary to the Organization’s
exempt purpose, and requiring all contracts entered into with the organization to be
on terms that are at arm's length or more favorable to the organization.
Part VI, Line 13
A whistleblower policy will be adopted as part of an overall governance update.

TEEA4902L 07/22/22
OMB No. 1545-0047
SCHEDULE R Related Organizations and Unrelated Partnerships
(Form 990) Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
2022
Department of the Treasury Go to www.irs.gov/Form990 for instructions and the latest information. Open to Public
Internal Revenue Service Inspection

Part I Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a) (b) (c) (d) (e) (f)
Name, address, and EIN (if applicable) of disregarded entity Primary activity Legal domicile (state Total income End-of-year assets Direct controlling
or foreign country) entity
(1) OpenAI GP LLC
3180 18th St., Suite 100
San Francisco, CA 94110 Research and
Technology CA 0. 0. OpenAI Inc.
(2)
(3)
Part II Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it
had one or more related tax-exempt organizations during the tax year.
(a) (b) (c) (d) (e) (f) (g)
Name, address, and EIN of related organization Primary activity Legal domicile (state Exempt Code Public charity status Direct controlling Sec 512(b)(13)
or foreign country) section (if section 501(c)(3)) entity controlled entity?
Yes No
(1)
(2)
(3)
(4)
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Schedule R (Form 990) 2022 OpenAI Inc. 81-0861541 Page 2
Part III Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line
34, because it had one or more related organizations treated as a partnership during the tax year.
(a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k)
Name, address, and EIN of Primary activity Legal Direct Predominant income Share of total Share of Dispropor- Code V-UBI General or Percentage
related organization domicile controlling (related, unrelated, income end-of-year tionate amount in box managing ownership
(state or entity excluded from tax assets allocations? 20 of Schedule partner?
foreign under sections K-1 (Form
See Part VII country) 512-514) Yes No 1065) Yes No
(1) OpenAI L.P.
3180 18th St., S Research
San Francisco, C and OpenAI GP
83-1960637 Technology DE LLC 0. 0. X N/A X
(2) Aestas L.P.
3180 18th St., S Research
San Francisco, C and OpenAI GP
83-1969811 Technology DE LLC 0. 0. X N/A X
(3)
Part IV Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part
IV, line 34, because it had one or more related organizations treated as a corporation or trust during the tax year.
(a) (b) (c) (d) (e) (f) (g) (h) (i)
Name, address, and EIN of related organization Primary activity Legal domicile Direct Type of entity Share of Share of end-of- Percentage Sec 512(b)(13)
(state or foreign controlling (C corp, S corp, total income year assets ownership controlled entity?
country) entity or trust)
Yes No
(1) OpenAI LLC
3180 18th St., Suite 100 Research
San Francisco, CA 94110 and OPENAI,
85-3082781 Technology DE L.P. LLC - C Co 0. 0. X
(2)
(3)
BAA TEEA5002L 07/21/22 Schedule R (Form 990) 2022

Part V Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note: Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule. Yes No
1 During the tax year, did the organization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a X
b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b X
c Gift, grant, or capital contribution from related organization(s). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c X
d Loans or loan guarantees to or for related organization(s). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1d X
e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1e X
f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1f X

g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1g X
h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1h X
i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1i X
j Lease of facilities, equipment, or other assets to related organization(s). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1j X
k Lease of facilities, equipment, or other assets from related organization(s). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1k X

l Performance of services or membership or fundraising solicitations for related organization(s). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1l X
m Performance of services or membership or fundraising solicitations by related organization(s). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1m X
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1n X
o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1o X
p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1p X

q Reimbursement paid by related organization(s) for expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1q X
r Other transfer of cash or property to related organization(s). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1r X

s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1s X
2 If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a) (b) (c) (d)
Name of related organization Transaction Amount involved Method of determining
type (a-s) amount involved
(1) OpenAI L.P. j 3,752,097.FMV
(2) OpenAI L.P. n 421,900.FMV
(3) OpenAI L.P. q 4,113,078.FMV
(4)
(5)
(6)
Part VI Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross
revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k)
Name, address, and EIN of entity Primary activity Legal domicile Predominant Are all partners Share of Share of Dispropor- Code V-UBI General or Percentage
(state or foreign income section total income end-of-year tionate amount in box managing ownership
country) (related, unre- 501(c)(3) assets allocations? 20 of Schedule partner?
lated, excluded organizations? K-1
from tax under (Form 1065)
sections 512-514) Yes No Yes No Yes No
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)

Supplemental Information
Part VII Provide additional information for responses to questions on Schedule R. See instructions.
Part III - Partnership Full Name, Address, FEIN
OpenAI L.P. 83-1960637 3180 18th St., Suite 100 San Francisco, CA
94110
Aestas L.P. 83-1969811 3180 18th St., Suite 100 San Francisco, CA
94110

Form 8868 Application for Automatic Extension of Time To File an
Exempt Organization Return OMB No. 1545-0047
(Rev. January 2022)

GFile a separate application for each return.
Internal Revenue Service GGo to www.irs.gov/Form8868 for the latest information.
Electronic filing (e-file). You can electronically file Form 8868 to request a 6-month automatic extension of time to file any of the forms listed
below with the exception of Form 8870, Information Return for Transfers Associated With Certain Personal Benefit Contracts, for which an
extension request must be sent to the IRS in paper format (see instructions). For more details on the electronic filing of this form, visit
www.irs.gov/e-file-providers/e-file-for-charities-and-non-profits.
Automatic 6-Month Extension of Time. Only submit original (no copies needed).
All corporations required to file an income tax return other than Form 990-T (including 1120-C filers), partnerships, REMICs, and trusts must
use Form 7004 to request an extension of time to file income tax returns.
Name of exempt organization or other filer, see instructions. Taxpayer identification number (TIN)
Type or
print
Number, street, and room or suite number. If a P.O. box, see instructions.
File by the
due date for
filing your 3180 18th St., Suite 100
return. See City, town or post office, state, and ZIP code. For a foreign address, see instructions.
instructions.
San Francisco, CA 94110
Enter the Return Code for the return that this application is for (file a separate application for each return). . . . . . . . . . . . . . . . . . . . . . . . . . . 01
Application Return Application Return
Is For Code Is For Code
Form 990 or Form 990-EZ 01 Form 1041-A 08
Form 4720 (individual) 03 Form 4720 (other than individual) 09
Form 990-PF 04 Form 5227 10
Form 990-T (section 401(a) or 408(a) trust) 05 Form 6069 11
Form 990-T (trust other than above) 06 Form 8870 12
Form 990-T (corporation) 07
? The books are in the care of G Chris Clark 3180 18th St., Suite 100 San Francisco CA 94110
Telephone No. G (415) 879-9686 Fax No. G

? If the organization does not have an office or place of business in the United States, check this box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . G
? If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is for the whole group,
check this box. . . . . . G . If it is for part of the group, check this box. . . . G and attach a list with the names and TINs of all members
the extension is for.
1 I request an automatic 6-month extension of time until11/15 , 20 23 , to file the exempt organization return
for the organization named above. The extension is for the organization's return for:
G X calendar year 20 22 or
G tax year beginning , 20 , and ending , 20 .
2 If the tax year entered in line 1 is for less than 12 months, check reason: Initial return Final return
Change in accounting period
3 a If this application is for Forms 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any
nonrefundable credits. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a $ 0.
b If this application is for Forms 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estimated
tax payments made. Include any prior year overpayment allowed as a credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b $ 0.
c Balance due. Subtract line 3b from line 3a. Include your payment with this form, if required, by using
EFTPS (Electronic Federal Tax Payment System). See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3c $ 0.
Caution: If you are going to make an electronic funds withdrawal (direct debit) with this Form 8868, see Form 8453-TE and Form 8879-TE for
payment instructions.
BAA For Privacy Act and Paperwork Reduction Act Notice, see instructions. Form 8868 (Rev. 1-2022)
FIFZ0501L 10/28/21

OpenAI Form 990 (2022)

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OpenAI Form 990 (2022)

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What information is included in the Form 990?

What information is included in the Form 990?

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What are some of the main sections of the Form 990?

Form 990 OMB No.

Return of Organization Exempt From Income Tax 2022

Address change OpenAI Inc. 81-0861541

Initial return San Francisco, CA 94110 (415) 879-9686

I Tax-exempt status: X 501(c)(3) 501(c) ( ) (insert no.) 4947(a)(1) or 527

Signature of officer Date

Print/Type preparer's name Preparer's signature Date Check if PTIN

Paid Antonio Tellez Jr Antonio Tellez Jr self-employed P01716904

San Francisco, CA 94104 (415) 983-0200 Phone no.

4a (Code: ) (Expenses $ 907,331. including grants of $ 363,333. ) (Revenue $ )

4b (Code: ) (Expenses $ including grants of $ ) (Revenue $ )

4c (Code: ) (Expenses $ including grants of $ ) (Revenue $ )

4d Other program services (Describe on Schedule O.)

(1) Chris Clark 10

BAA TEEA0107L 09/01/22 Form 990 (2022)

1b Subtotal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170,000. 1,005,908. 100,647.

17 Accounts payable and accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,761. 17 159,646.

OpenAI Inc. 81-0861541

Section C. Type II Supporting Organizations

Section D. All Type III Supporting Organizations

2 Activities Test. Answer lines 2a and 2b below. Yes No

3 Parent of Supported Organizations. Answer lines 3a and 3b below.

Section C ' Distributable Amount Current Year

Part II, Line 10 - Other Income

Nature and Source 2022 2021 2020 2019 2018

Other Revenue $ 19,688. $ 50,834.

BAA TEEA0408L 09/09/22 Schedule A (Form 990) 2022

OpenAI Inc. 81-0861541

Limits on Lobbying Expenditures (a) Filing (b) Affiliated

4-Year Averaging Period Under Section 501(h)

BAA Schedule C (Form 990) 2022

OpenAI Inc. 81-0861541

Part X - FASB ASC 740 Footnote

business taxable income arising from its activities.

BAA Schedule D (Form 990) 2022

OpenAI Inc. 81-0861541

(1) Duke University

BAA TEEA3902L 06/29/22 Schedule I (Form 990) 2022

OpenAI Inc. 81-0861541

Ilya Sutskever (i) 0. 0. 0. 0. 0. 0. 0.

Part I, Line 4 - Received Severance, Supplemental NQ Retirement, Equity-Based Compensation

In 2022, four individuals listed on Part VII, Section A, line 1a participated in an

equity-based compensation arrangement consisting of profits interests issued by a

related organization (“Related Organization”). Vesting of the profits interests is

generally subject to the individuals’ continued service to the Related Organization

Profits Interests have a liquidation value of $0 at grant pursuant to Rev. Proc.

93-27 and Rev. Proc. 2001-43.

The Related Organization first granted profits interests to applicable individuals

in 2019 under the equity-based compensation arrangement referenced in the previous

1a participated in the equity-based compensation arrangement in 2019. Nine

in the equity-based compensation arrangement in 2020. Six individuals listed on the

compensation arrangement in 2021. As noted above, vesting of such profits interests

is generally subject to the individuals’ continued service to the Related

Organization, the details of which may vary by individual and grant.

BAA Schedule J (Form 990) 2022

(Form 990) Complete to provide information for responses to specific questions on