Mission
The Art Business Incubator on South Padre Island (ABISPI) aims to nurture emerging artists and support their development into successful art entrepreneurs. Since 2019, ABISPI has provided artists with the resources needed to establish their own art-related businesses, thereby promoting South Padre Island as a vibrant arts destination.
Basic Information
Tax-Exempt
Founded in
2019
EIN
83-4500026
Total Assets
$77.57 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 3 goals
At a Glance
Art Classes
Join our creative community with various art classes and events to enhance your artistic skills.
Art Fest
Enjoy a holiday pop-up event featuring local artists and musicians, perfect for Christmas shopping.
Membership Program
Become a member and support the mission of boosting South Padre Island as an arts destination.
Impact Stats
5-6 artists per year
Number of Artists
Number of Artists Supported
ABISPI has successfully supported multiple artists each year since its inception.
Upcoming Events
Make Your Own Watercolor Palette Workshop
November 1, 2024
Learn how to make your own watercolor palette from scratch with artist Itzel Lopez.
Learn More
Ring Stamping & Soldering Workshop
November 2, 2024
Learn how to hand stamp and solder your very own sterling silver ring.
Learn MoreOur Programs
ABI Artist Incubator Program
A program designed to help emerging artists start and grow their own art-related businesses.
Learn MoreMIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
53
68
/100
Program Expense Ratio
89.64%
20
/20
Program Revenue Growth
33.33%
18
/20
Leverage Ratio
0.01159
20
/20
Working Capital Ratio
0.5783
8
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 89.16K | 58.04% |
| Program Services | 21.54K | 14.02% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 42.72K | 27.81% |
| Other Notable Sources | 193 | 0.13% |
| Total Revenue | 153.6K | 100.00% |