Intiman Theatre will present a scaled-back season in 2012—but it will present a season.

It came down to the wire, but it looks like the Intiman Theatre will be able to continue. The theatre, which laid off its entire staff last April, had set itself an early-February deadline to raise $1 million. If it didn’t, it would have ceased operations. Whether they achieved that goal remained up in the air until a board meeting on Monday, Feb. 6 when it was determined that they had met their goal—partly through four gifts of $100,000 apiece, but mainly through hundreds of individual donors, who donated $500,000.

The theatre still has $500,000 in debt, and will present a scaled-back season in 2012 of four productions. All proceeds from 2012 will go to paying off debt, and all subscribers from the 2011 season will receive free tickets to the 2012 season.

Misha Berson, writing in the Seattle Times, has the whole story.