Incubadora Creativa Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Educational services and support with the purpose of empowering the artist designer and creationist toward his her creative destiny under the entrepreneurship and sustainable economy.
- Income
- $33,629
- Spending
- $57,757
- Reserves
- 0.9 months of spending
- Largest source of income
- donations and private grants, 100%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 34 out of 100. Higher than 10% of charities in its peer group (community improvement, under $250k).
Reserves
4 of 35Spendable reserves would cover 0.9 months of spending.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
0 of 15Spending exceeded income by 72% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- Incubadora Creativa is a business incubator for the creative and cultural sector in Puerto Rico. During 2023 we had 20 Pre-Incubation participants and 23 Incubation participants. We offer both programs free of cost with internal and external voluntary resources. Supporting and nurturing talent in the creative and cultural industries have a significant impact on the growth and success of creative entrepreneur individuals and the creative and cultural sector in Puerto Rico as a whole. Having 20 Pre-Incubation participants and 23 Incubation participants indicates a strong interest and demand for our Incubadora Creativa programs. It showcases the value and reputation our Incubadora Creativa has built within the creative and cultural sector in Puerto Rico. The diversity of this sector demonstrates our ability to cater to a wide range of creative talents. Our building capacity curricula which expands to all our programs give free support with internal and external resources to our participants.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2015 for not filing returns for three years, and reinstated on August 15, 2018.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.