Execution Target Structure Node For A Graphical Program

System and method for creating a graphical program (GP) having portions that execute on different targets. A GP including a plurality of interconnected nodes visually indicating functionality of the program is created in response to user input, including a first graphical code portion with a first execution context specifying execution of the first graphical code portion on a first target. A second execution context indicating a second target for execution of a second graphical code portion of the GP is established in response to user input, e.g., by displaying a context structure indicating the second execution context and associating the second graphical code portion with the context structure in response to user input. During execution of the GP, the first graphical code portion executes on the first target using the first execution context, and the second graphical code portion executes on the second target using the second execution context.