SOUTH PADRE ISLAND, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ART BUSINESS INCUBATOR SOUTH PADRE ISLAND, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $128K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.
THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL, CULTURAL, AND CHARITABLE PURPOSES RELATED TO THE PROMOTION OF AWARENESS, UNDERSTANDING AND APPRECIATION OF THE ARTS TO FACILITATE THE GROWTH OF SOUTH PADRE ISLAND INTO A REGIONAL ARTS DESTINATION BY (I) STRENGTHENING THE ROLE OF THE ARTS IN THE COMMUNITY AND LIVES OF CHILDREN AND YOUTH; (II) OPERATING FACILITIES TO CREATE AN ENVIRONMENT THAT NURTURES LOCAL ARTISTIC TALENT BY EDUCATING ARTISTS IN THE BUSINESS AND OTHER SKILLS NECESSARY TO MAKE THEIR ARTISTRY SELF-SUSTAINING; AND (III) ENRICHING THE LOCAL COMMUNITY THROUGH ART ACTIVITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $128,198 | $153,618 | -0.2% |
| Expenses | $136,606 | $132,568 | +0.0% |
| Net Income | $-8,408 | $21,050 | -1.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOANN EVANS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LORENZO GALVAN | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DARLA LAPEYRE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROXANNE RAY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KARLA SCIMECA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEXA RAY | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| JERRI GARRETT | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $128,198 | $136,606 | $69,751 | $-8,408 |
| 2022 | $153,618 | $132,568 | $77,566 | $21,050 |
| 2021 | $153,728 | $104,414 | $56,277 | $49,314 |
Compare ART BUSINESS INCUBATOR SOUTH PADRE ISLAND with other nonprofits in Texas and across the country.