Phosphacymantrene, (η5-C4H4P)Mn(CO)3, is a known stable compound and a potential precursor to binuclear (C4H4P)2Mn2(CO)n derivatives analogous to isovalent (C5H5)2Mn2(CO)n derivatives. In this connection the structures and energetics of binuclear derivatives have been investigated by density functional theory. The lowest energy (C4H4P)2Mn2(CO)n (n = 5, 4) structures have seven-electron donor η5,η1-C4H4P ligands bridging the two metal atoms, which are too far apart for a direct Mn–Mn bond. However, the lowest energy (C4H4P)2Mn2(CO)3 structure is predicted to be a triply carbonyl bridged structure with a formal MnMn triple bond of length 2.17 A analogous to (η5-C5H5)2Mn2(μ-CO)3, which has been synthesized and structurally characterized by X-ray diffraction. The lowest energy (C4H4P)2Mn2(CO)2 structures have one terminal η5-C4H4P ring and one bridging seven-electron donor η5,η1-C4H4P ring. However, only slightly higher energy (C4H4P)2Mn2(CO)2 structures are found with two η5-C4H4P rings and thus analogous to previously found (η5-C5H5)2Mn2(CO)2 structures. Such a triplet (η5-C4H4P)2Mn2(CO)2 structure is predicted to have a formal MnMn triple bond of length 2.20 A. The two analogous singlet (η5-C4H4P)2Mn2(CO)2 structures have shorter MnMn bonds of length 2.07 A, which are interpreted as the formal quadruple bonds required to give each Mn atom the favored 18-electron configuration.