The 40-year-old company cancelled its 2004-05 season because of its ongoing debt. The 2005 season, announced in March, will feature only 11 performances of works including Eugene Loring's Billy the Kid; Bronislava Nikjinska's Les Noces and Les Biches; Michael Lowe's Double Happiness; Scott Rink's Sorcerer's Apprentice; Ronn Guidi's Peter and the Wolf; Dudley Brooks's A Short Solo; and a new work by Donald McKayle.

The season runs from October through December.

The company will present its holiday Nutcracker performances at the Paramount Theatre.