Crystal Cove Alliance

Current Fiscal Year

Fiscal Year Start Date: July 1, 2024

Fiscal Year End Date: June 30, 2025

Projected Revenue: $6,236,095

Projected Expense: $6,233,236

Revenue vs. Expense ($)

Expense Breakdown: 2024 (%)

Expense Breakdown: 2023 (%)

Expense Breakdown: 2022 (%)

990 Tax Form Newest 990 Year opens each June

Prior Three Years Total Revenue and Expense Totals

Prior Three Years Revenue Sources

Prior Three Years Expense Allocations by Type

Prior Three Years Assets and Liabilities

Short Term Solvency

Long Term Solvency

Endowment/Capital Campaigns

Endowment Value: $646,857

Spending Policy: Income Only

Percentage: 4.0%

Are you currently in a Capital Campaign? Yes

Capital Campaign Purpose:
The Heritage Legacy Project for California will restore the last 17 historic seaside cottages at Crystal Cove. This is a significant undertaking with a total cost of approximately $55M due to the historic nature of the buildings and delicate natural environment where they sit. Today, 28 of the 45 cottages and the Japanese Schoolhouse have been fully restored. They’ve become a national model for low-cost accommodations, hosting 24,000 visitors each year as well as producing revenue to support the Conservancy’s outdoor STEM education programs. The beach cottages of Crystal Cove State Park’s Historic District are one of Southern California’s most iconic destinations. On the historic unceded lands of the Ajacheman and Tongva people, the Park gives visitors a glimpse into simpler times along California’s coast. As part of the Irvine Ranch, in the 1910s, Crystal Cove began drawing visitors and early Hollywood filmmakers who used it as a location to make Polynesian-set films. In the 1920s, tent campers became a returning community of summer visitors and, later, began building more substantial residences on the beach and bluffs – today’s Historic District cottages. For three generations, residents enjoyed the historic cottages at The Cove before it was opened to the public as a State Park and outdoor classroom. In 1979, the land that is now Crystal Cove State Park, then owned by the Irvine Company, was sold to California State Parks and National Register of Historic Places status was secured for the entire Historic District, highlighting, among other qualities, the unique vernacular architecture of the cottages. Today, the Crystal Cove beach cottages are the last remaining intact example of the vernacular architecture style that was prevalent in California’s early 20th century beach communities, allowing visitors to step back into a bygone era.

Campaign Goal: $55,000,000

Capital Campaign Start Date: June 1, 2018

Capital Campaign End Date: June 30, 2025

Capital Campaign Raised-to-Date Amount: $48,000,000