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Many Brains Project Inc

EIN 47-4239522 · Belmont, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak25 out of 100GovernanceGood79 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Raising each dollar of donations cost 232 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE MANY BRAINS PROJECT, INC. IS ORGANIZED AND OPERATED EXLUSIVELY TO (1) ADVANCE SCIENTIFIC KNOWLEDGE IN THE FIELDS OF NEUROSCIENCE AND PSYCHOLOGY THROUGH THE DEVELOPMENT OF OPEN SOURCE TOOLS, (2) ADVANCEEDUCATION IN NEUROSCIENCE AND PSYCHOLOGY, AND (3) PROMOTE BRAIN HEALTHAND MENTAL HEALTH. THE MANY BRAINS PROJECT'S CORE MISSION IS TO CURATEAND BROADLY DISSEMINATE HIGH-QUALITY, OPEN SOURCE, WEB-OPTIMIZEDNEUROCOGNITIVE ("BRAIN") TESTS FOR SCIENTIFIC RESEARCH AND EDUCATIONALUSE. BY REDUCING THE COST OF PRECISELY MEASURING COGNITIVE AND BRAINFUNCTION IN EACH INDIVIDUAL PERSON, THE AVAILABILITY OF SUCH TESTS CANACCELERATE THE ACCUMULATION OF KNOWLEDGE BOTH IN THE BASIC SCIENCES ANDIN KEY APPLIED RESEARCH AREAS SUCH AS EDUCATION AND MEDICINE. FURTHER,MAKING THESE TECHNOLOGIES OPEN SOURCE ALLOWS OTHERS TO ADAPT AND BUILDON TECHNOLOGY DEVELOPED BY MANY BRAINS, FURTHER FACILITATING THEIRDISSEMINATION, USE, AND CONTRIBUTION TO THE ADVANCEMENT OF SCIENCE.

Income
$423,904
Spending
$623,251
Spent on programs
76%
Reserves
3.7 months of spending
Largest source of income
fees for its services, 89%
Employees
4
Volunteers
4
Highest pay
$161,305, head of research & develop

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 25 out of 100. Higher than 3% of charities in its peer group (science, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.7 months of spending.

  • Debt

    5 of 20

    It owes 56% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 47% of income.

  • Income trend

    0 of 15

    Income fell 30% on the year before.

  • Spending floor

    0 of 15

    76% of spending went to programs and raising each dollar of donations cost 232 cents.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 79 out of 100. Higher than 64% of charities in its peer group (science, $250k to $1m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $470,854 spent. (1) WE REBUILT THE PUBLIC TESTMYBRAIN.ORG WEBSITE WHICH SERVES UP TO 1,000 USERS A DAY WHO WANT TO CONTRIBUTE TO SCIENCE BY TAKING COGNITIVE TESTS WHILE ALSO LEARNING MORE ABOUT THEIR MIND AND BRAIN. SINCE THE REBUILD, MORE PARTICIPANTS ARE PARTICIPATING IN THE PUBLIC RESEARCH STUDIES IN THE TMB DIGITAL LAB, WITH OVER 151,000 TESTS COMPLETED BY OVER 117,000 PEOPLE. (2) ADDITIONALLY MANY BRAINS CONTINUED SUPPORT AND DISTRIBUTION OF THE TMB COGNITIVE SCIENCE TOOLKIT, A FREE COGNITIVE TESTING TOOL FOR EDUCATORS, STUDENTS, AND RESEARCHERS AROUND THE WORLD. THIS TOOLKIT IS CURRENTLY SERVING 82 TESTING SITES, WITH OVER 3,400 PARTICIPANTS, PRODUCING OVER 11,000 SCIENTIFIC RESULTS. (3) MANY BRAINS HAS ALSO CONTINUED TO SUPPORT AND DISTRIBUTE THE TMB DIGITAL NEUROPSYCHOLOGY TOOLKIT, A FREE COGNITIVE TESTING TOOL DESIGNED FOR CLINICIANS. THIS TOOLKIT HAS SERVED OVER 15,000 PARTICIPANTS, GENERATING OVER 84,000 SCIENTIFIC RESULTS SINCE ITS CREATION IN 2020 IN RESPONSE TO THE GLOBAL COVID19 PANDEMIC. (4) WE CREATED, UPDATED, AND MAINTAINED A GITHUB REPOSITORY OF OUR OPEN SOURCE CODE. (5) IN LINE WITH OUR OPEN DATA MISSION, WE SHARED OUR LARGE DATASETS WITH RESEARCHERS FROM ALL OVER THE WORLD. (6) WE ENGAGED IN SPONSORED RESEARCH WITH NUMEROUS STUDIES ALL OVER THE COUNTRY, SUPPORTING PROJECTS WITH FOCUSES INCLUDING ALZHEIMER'S & RELATED DEMENTIAS, COVID19, TRAUMATIC BRAIN INJURY, EPILEPSY, ADDICTION, AND EARLY PSYCHOSIS INTERVENTION.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending March 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 2015.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.