Overview
What is Art Business Incubator South Padre Island?
Art Business Incubator South Padre Island is a nonprofit organization situated in South Padre Island, Texas. With a mission to foster economic development, it focuses on training emerging art entrepreneurs and supporting their establishment of sustainable art businesses on the island. The corporation operates primarily for educational, cultural, and charitable purposes, aiming to promote awareness, understanding, and appreciation of the arts. By strengthening the role of arts in the community and nurturing local artistic talent, the incubator provides facilities and education in business and other essential skills to make artistry self-sustaining. Ultimately, it enriches the local community through various art activities, aiming to transform South Padre Island into a regional arts destination. The organization currently employs a team of two individuals.
Official website here: www.abispi.com
Is Art Business Incubator South Padre Island legitimate?
Art Business Incubator South Padre Island is a legitimate nonprofit organization registered as a 501(c)(3) entity. Art Business Incubator South Padre Island submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,933
For more financial information, click here
Official website here: www.abispi.com
What is the mission statement of Art Business Incubator South Padre Island?
The Art Business Incubator, organized for educational, cultural, and charitable purposes, aims to promote awareness, understanding, and appreciation of the arts. Its objective is to facilitate the growth of a regional arts destination by strengthening the role of arts in the community and lives of children and youth. The incubator operates facilities to create an environment that nurtures local artistic talent, educating artists in business and other necessary skills to make their artistry self-sustaining. Furthermore, it enriches the local community through various art activities.
Official website here: www.abispi.com
Who is the CEO of Art Business Incubator South Padre Island?
Joann Evans is the President of Art Business Incubator South Padre Island.
Official website here: www.abispi.com
What is the revenue of Art Business Incubator South Padre Island?
Art Business Incubator South Padre Island's revenue in 2022 was $153,618.
Official website here: www.abispi.com
Who are the executives of Art Business Incubator South Padre Island and what are their salaries?
The average compensation at Art Business Incubator South Padre Island during 2022 was $19,466. There are 2 employees and 7 volunteers at Art Business Incubator South Padre Island.
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Official website here: www.abispi.com
Where can I find the form 990 for Art Business Incubator South Padre Island?
Art Business Incubator South Padre Island's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abispi.com
Learn more at the official website: www.abispi.com
Mission Statement of Art Business Incubator South Padre Island
Art Business Incubator South Padre Island is an organization dedicated to serving educational, cultural, and charitable purposes. Its primary goal is to promote awareness, understanding, and appreciation of the arts. This nonprofit aims to facilitate the growth of South Padre Island into a regional arts destination. It achieves this by strengthening the role of arts in the community and the lives of children and youth.
Secondly, Art Business Incubator South Padre Island operates facilities to create an environment that nurtures local artistic talent. This is done by educating artists in the business and other necessary skills to make their artistry self-sustaining. By doing so, the nonprofit empowers local artists to thrive and contribute to the arts scene.
Lastly, Art Business Incubator South Padre Island enriches the local community through art activities. This not only provides entertainment and education but also contributes to the overall development of the community. By promoting and supporting the arts, this organization plays a crucial role in South Padre Island's cultural landscape.
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Impact
October, 2024
The Art Business Incubator South Padre Island significantly contributes to the growth and vitality of the local arts scene, transforming South Padre Island into a recognized regional arts destination. By fostering awareness, understanding, and appreciation of the arts, it plays a vital role in embedding the arts deeply within the community and enhancing the lives of children and youth.
The incubator trains emerging art entrepreneurs, equipping them with essential business skills and knowledge to create self-sustaining art practices. By providing an environment conducive to artistic development, it nurtures local talent and helps artists navigate the complexities of establishing and maintaining their own businesses. This not only strengthens individual artists but also contributes to the overall economic development of the region.
In addition to supporting individual artists, the Art Business Incubator enriches the local community through diverse art activities, fostering a vibrant cultural landscape. The commitment to engage residents and visitors alike in the fine and performing arts creates a shared sense of community and enhances the overall quality of life in South Padre Island. By facilitating connections between artists and the community, it reinforces the significant role of the arts in everyday life, creating a dynamic environment where creativity can flourish.
This information is meant to be a general summary of Art Business Incubator South Padre Island. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $42,724
- Program Service Revenue: $21,540
- Gross Receipts: $227,256
Assets and Liabilities:
- Total Assets: $77,566
- Total Liabilities: $899
- Net Assets: $76,667
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY EVENTS
Revenue
$21,540
Organization Details
Founding Year
2019
Phone
(956) 761-6805Principal Officer
Joann Evans
Main Address
6801 PADRE BLVD, SOUTH PADRE ISLAND, TX, 78597
Website
www.abispi.comNTEE Category
Code: A90 - Arts
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