Seattle's Intiman Theater will close unless it can raise $500,000 by the end of March and another $250,000 each by June and September, according to The New York Times.

According to the paper, the theater's board recently unearthed problems that included $700,000 in unpaid bills, significant unreported cost overruns, and income that had been booked from a co-producing arrangement that had not been finalized. There is also a debt to the Intiman Theatre Foundation, a separate nonprofit that was set up to raise an endowment fund.

As of the moment, the theater will put its staff on a four-day work week but has not canceled any of this year's productions. The theater, which is currently under the artistic direction of Kate Whoriskey, recently announced an African-American production of Arthur Miller's All My Sons, starring Tony Award winner Chuck Cooper.