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Centre For The Governance Of Ai Inc - Nonprofit Explorer - ProPublica
webprojects.propublica.org·projects.propublica.org/nonprofits/organizations/994000294
This is the ProPublica Nonprofit Explorer page for the Centre for the Governance of AI Inc, providing financial and organizational transparency data for a key AI governance research organization.
Metadata
Importance: 25/100otherreference
Summary
This ProPublica page provides IRS Form 990 financial data for the Centre for the Governance of AI (GovAI), a 501(c)(3) nonprofit incorporated in New York. In 2024, the organization reported $5.75M in revenue (99.8% from contributions) and $920k in expenses. Key personnel include Executive Director Ryan Fugate, Chair Tasha McCauley, Secretary Helen Toner, and Director Toby Ord.
Key Points
- •GovAI received tax-exempt status in September 2024 as a 501(c)(3) research and public policy analysis nonprofit.
- •2024 revenue was $5.75M, almost entirely from donations/contributions, with expenses of ~$920k.
- •Net assets stood at ~$4.78M, indicating a well-funded early-stage organization.
- •Leadership includes prominent AI governance figures: Helen Toner (former OpenAI board member) and Toby Ord (existential risk philosopher).
- •The organization is categorized under Research Institutes and/or Public Policy Analysis, reflecting its AI governance mission.
2 FactBase facts citing this source
| Entity | Property | Value | As Of |
|---|---|---|---|
| GovAI | Revenue | $5.7 million | 2024 |
| GovAI | Annual Expenses | $919,661 | 2024 |
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Centre For The Governance Of Ai Inc - Nonprofit Explorer - ProPublica
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Centre For The Governance Of Ai Inc
New York, NY
Tax-exempt since Sept. 2024
EIN: 99-4000294
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Organization summary
Type of Nonprofit
Designated as a 501(c)(3)
Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.
Category :
Public, Society Benefit — Multipurpose and Other /
Research Institutes and/or Public Policy Analysis
(NTEE)
Donations to this organization are tax deductible.
Summary charts: organization finances over time
Revenue $5.75M (2024)
Expenses $920k (2024)
Total Assets $5.07M (2024)
Total Liabilities $290k (2024)
Source: Form 990 tax filings from 2024
Tax Filings by Year
Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS.
Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.
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Fiscal Year Ending Dec.
2024
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$5,748,996
Expenses
$919,661
Net Income
$4,829,335
Net Assets
$4,780,821
Notable Sources of Revenue
Percent of Total Revenue
Contributions
$5,734,826
99.8%
Program Services
$0
Investment Income
$0
Bond Proceeds
$0
Royalties
$0
Rental Property Income
$0
Net Fundraising
$0
Sales of Assets
$0
Net Inventory Sales
$0
Other Revenue
$14,170
0.2%
Notable Expenses
Percent of Total Expenses
Executive Compensation
$29,872
3.2%
Professional Fundraising Fees
$0
Other Salaries and Wages
$448,710
48.8%
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