The Old Vic will need to launch a “critical and major fundraising campaign” in the future due to the impact of the coronavirus closures.
Artistic Director Matthew Warchus said the money will need to be raised to ensure the London venue can “continue operating with the creative daring and vibrant social mission that we are determined for”.
He added: “That is for later, when the immediate health crisis has subsided and we have all made it to the other side.”
Mr Warchus said audiences will play “a significant part in supporting our return” after the coronavirus lockdown by buying tickets for future scheduled performances.
He added: “We are a charity which operates with no Government funding as a safety net and rely instead entirely on ticket sales and donations.”
The Old Vic has postponed its summer production of the musical Local Hero, but is currently working to organise new dates for the postponed run of Amy Herzog’s play 4000 Miles, which stars Timothee Chalamet and Eileen Atkins.
The highly anticipated production, which was due to have its opening night this week, was "fully rehearsed at the point the lockdown started and we are very eager to share it."
A production of A Christmas Carol, which has been adapted by Jack Thorne, is due to return to the theatre for the fourth consecutive year in November.
Mr Warchus said it is “not unreasonable” to expect theatres will have reopened their doors by the time the play is scheduled to run in the winter.
He added: "If you can afford it, simply buying into our future through purchasing a ticket for A Christmas Carol will play a significant part in supporting our return."
Additional reporting by Press Association
