The financial tangle at Intiman has reached a new level of seriousness. (A Slog post with the history of this story, including the sudden and mysterious resignation of managing director Brian Colburn that kicked off this whole mess, is here.)

Longtime and well-respected arts administrator Susan Trapnell, who was hired as a consultant by the board, called this afternoon with the news. "When you don't have enough cash, you can't do anything well," she said. "And that takes a toll on good people."

Intiman was planning on producing four other shows this season—The Call, Playboy of the Western World, The Piano Teacher, and A Boy and His Soul—after its current production of All My Sons, which closes tomorrow.

Trapnell said the theater's employees will get either two weeks' notice or severance pay, at which time their jobs will be suspended until further notice.

"We are doing this to make sure that we pay our contractual agreements," Trapnell said. The financial challenge of finishing the 2011 season, she added, "was just too much risk."

The theater, which won a Tony Award in 2006, hopes to open again next season. "But," Trapnell said, "we have to regroup and rethink."

UPDATE

Carlo Scandiuzzi of ACT Theatre announced this afternoon that ACT would welcome Intiman subscribers—who have now lost the 2011 season that they invested in—to come see shows at ACT. "We want," he said, "to give Intiman subscribers a home." Scandiuzzi added that ACT wasn't exactly sure how the logistics will work out (how Intiman subscribers would exchange their tickets for ACT shows, etc.), but that he and ACT are committed to helping Intiman and its subscribers.

Scandiuzzi has previously shown support for Intiman with his own donations to help bail them out.