Many Brains Project Inc is located in Belmont, MA. The organization was established in 2015. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 03/2022, Many Brains Project Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Many Brains Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Many Brains Project Inc generated $349.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $267.1k during the year ending 03/2022. While expenses have increased by 16.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCELERATE RESEARCH ON THE MIND AND BRAIN BY DEVELOPING RESEARCH TOOLS THAT DIRECTLY ADDRESS THE NEEDS OF PATIENTS AND PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY22, WE HAVE CONTINUED OUR SUPPORT OF THE FREE RESOURCES WE CREATED IN FY21 IN RESPONSE TO THE COVID 19 PANDEMIC ALLOWING RESEARCHERS AND CLINICIANS TO CONDUCT VIRTUAL COGNITIVE ASSESSMENTS IN CLINICAL CARE AND RESEARCH. MANY BRAINS HAS CONDUCTED THE FOLLOWING ACTIVITIES: (1) DEDICATED RESOURCES TO THE MAINTENANCE AND DISTRIBUTION OF A FREE, ONLINE DIGITAL NEUROPSYCHOLOGY TOOLKIT FOR USE BY CLINICIANS AND RESEARCHERS. THIS HAS HAD STEADY USE AND DEVOTED SIGNIFICANT RESOURCES TO HELPING SUPPORT FEDERALLY FUNDED RESEARCH STUDIES TRANSITIONING TO VIRTUAL ENVIRONMENTS. THUS FAR, ACCESS HAS BEEN REQUESTED BY OVER 1300 RESEARCHERS AND CLINICIANS, AND FY22 HAS SEEN OVER 4,000 CLINICAL EVALUATION BATTERIES CREATED THROUGH THIS INFRASTRUCTURE AND OVER 15,000 TEST COMPLETIONS. (2) DEDICATED RESOURCES TO THE MAINTENANCE AND DISTRIBUTION OF AN OPEN RESEARCH AND EDUCATION PAGE. THIS PAGE INCLUDES FREELY AVAILABLE COGNITIVE ASSESSMENTS FOR RESEARCH AND EDUCATION, INCLUDING CURATED OPEN DATASETS THAT ALLOW STUDENTS, EDUCATORS, AND RESEARCHERS TO EXPLORE NORMATIVE PERFORMANCE AND AID IN THE UNDERSTANDING AND INTERPRETATION OF COGNITIVE TEST DATA FROM THEIR OWN WORK. THIS IS IN USE AT OVER 400 SITES INTERNATIONALLY AND OVER 5,800 TEST COMPLETIONS IN FY22 ALONE. (3) SUPPORTED THE CONTINUED DIGITIZATION OF RESEARCH STUDIES ALL OVER THE COUNTRY AS A RESULT OF THE COVID19 PANDEMIC. WE HAVE ENGAGED IN SPONSORED RESEARCH PARTNERSHIPS TO SUPPORT RESEARCH STUDIES THAT ARE ONGOING AND SEEK TO USE COGNITIVE ASSESSMENT TO BETTER UNDERSTAND COGNITIVE FUNCTION IN HEALTH AND DISEASES. NOTABLY, WE SUPPORTED SEVERAL LARGE STUDIES SPECIFICALLY INTERESTED IN UNDERSTANDING THE LONG-TERM COGNITIVE SIDE EFFECTS OF COVID19, HELPING TO ADVANCE OUR KNOWLEDGE OF THE POTENTIAL PUBLIC HEALTH IMPACT OF COVID19 ON MENTAL AND NEUROLOGICAL HEALTH. MANY OF THE PROJECTS WE SUPPORT ARE HIGH IMPACT PROJECTS WITH MAJOR INVESTMENT FROM THE US NATIONAL INSTITUTES OF HEALTH. IN FY22, FOR EXAMPLE, WE ENGAGED IN SPONSORED RESEARCH PARTNERSHIPS TO SUPPORT MAJOR PROJECTS IN HEALTH AND SCIENCE THAT INCLUDED: (1) THE EARLY PSYCHOSIS INTERVENTION NETWORK, A NATIONAL LEARNING HEALTHCARE SYSTEM FOR EARLY PSYCHOSIS THAT IS IMPROVING CARE FOR PEOPLE WITH PSYCHOSIS AND CONDUCTING LARGE-SCALE RESEARCH BASED IN CLINICAL PRACTICE (2) THE ALL OF US RESEARCH PROGRAM, AN NIH LED PROGRAM THAT IS DEVELOPING THE MOST DIVERSE HEALTH DATABASE IN HISTORY, TO LEARN ABOUT HOW BIOLOGY, LIFESTYLE AND ENVIRONMENT IMPACT HEALTH WITH THE GOAL OF TREATING AND PREVENTING DISEASE. (3) THE NATIONAL LONGITUDINAL STUDY OF ADOLESCENT TO ADULT HEALTH, WHICH IS FOLLOWING 10,000 PEOPLE ACROSS THEIR LIFESPAN TO BETTER UNDERSTAND HOW BRAIN AND COGNITIVE CHANGES CAN LEAD TO ALZHEIMER'S AND RELATED DEMENTIAS. (4) MANY BRAINS CONTINUED TO PROVIDE SUPPORT TO THE BOSTON VETERANS ADMINISTRATION TO CREATE TOOLS FOR VETERANS IN RURAL COMMUNITIES TO ASSESS THEIR COGNITION AND PERCEPTION THROUGH A PROJECT FUNDED BY THE VA. NEW DATASETS AND COGNITIVE MEASURES WERE UPLOADED TO THE OPEN SCIENCE FRAMEWORK FOR BROADER DISSEMINATION (SUPPORTED BY THE 501C3 CENTER FOR OPEN SCIENCE). THE PUBLIC WEBSITE (TESTMYBRAIN.ORG) THAT PROVIDES EVERYDAY PEOPLE WITH INFORMATION ABOUT THEIR MIND / BRAIN CONTINUED TO BE ACTIVE AND HAD 139,941 VISITORS WHO ACCESSED EDUCATIONAL RESOURCES ABOUT THE MIND / BRAIN AND PARTICIPATED IN RESEARCH STUDIES WHERE THEY RECEIVED THEIR INDIVIDUALIZED RESEARCH DATA BACK AT THE END OF THEIR PARTICIPATION. THE PUBLIC WEBSITE REPRESENTS A COLLABORATION BETWEEN THE MANY BRAINS PROJECT, HARVARD UNIVERSITY, AND MCLEAN HOSPITAL. SOFTWARE SUPPORT IS PROVIDED BY THE MANY BRAINS PROJECT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paolo Martini Head Of Research & Develop | 40 | $131,402 | |
Laura Germine President/treasurer/director | OfficerTrustee | 8 | $0 |
Jeremy Wilmer Clerk/director | OfficerTrustee | 5 | $0 |
Ken Nakayama Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $38,832 |
All other contributions, gifts, grants, and similar amounts not included above | $157,638 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $196,470 |
Total Program Service Revenue | $153,017 |
Investment income | $10 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $349,497 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $216,593 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $17,544 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,340 |
Fees for services: Accounting | $3,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,054 |
Advertising and promotion | $0 |
Office expenses | $260 |
Information technology | $14,459 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $839 |
Insurance | $2,892 |
All other expenses | $34 |
Total functional expenses | $267,065 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,874 |
Savings and temporary cash investments | $148,589 |
Pledges and grants receivable | $33,829 |
Accounts receivable, net | $2,194 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,886 |
Net Land, buildings, and equipment | $6,177 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $201,549 |
Accounts payable and accrued expenses | $2,756 |
Grants payable | $0 |
Deferred revenue | $57,594 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $60,350 |
Net assets without donor restrictions | $141,199 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $201,549 |
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