SAN DIEGO - Amid a series of financial and management problems, a nonprofit organization formed to organize a year-long celebration of Balboa Park, the city's "crown jewel," is calling it quits.
Balboa Park Celebration Inc. is disbanding and turning over its responsibilities to City Hall, officials announced Tuesday.
The group, allocated $2.8 million from the city in 2011 to begin its efforts, had been asked to put together a centennial celebration of the 1915 Panama-California International Exposition at Balboa Park, a seminal event in San Diego history.
The hope was that the celebration would involve concerts and other civic bashes throughout 2015, bringing visitors and dignitaries from around the world. A goal of raising $50 million was discussed.
Two of the biggest boosters of the idea were now-Mayor
The 1915 celebration drew an estimated 4 million visitors to San Diego, then a city of 40,000.
The exposition celebrated the recent completion of the Panama Canal and the fact that San Diego was the closest U.S. port.
The nonprofit group was battered by turnover among its top executives and problems in finding sponsorships. The final straw may have been when it refused to make public documents showing how the $2.8 million has been spent.
The event that was meant to enhance civic pride -- and its tourist economy -- is now wavering somewhere between a joke and a scandal.
In a joint statement, Faulconer and Gloria noted the planning group's "lack of significant progress achieving its goals."
Faulconer said he plans to work with Gloria to "move forward with a more practical and realistic celebration."