The New York Philharmonic has canceled the fall of the 2020-21 season.

In a statement, the orchestra noted it will not resume performances until Jan. 5, 2021 “to protect our audience, musicians, and employees from COVID-19. The Philharmonic plans to resume live performances after that time, although the dates and programming for concerts in 2021 are subject to change.”

President and CEO Deborah Borda added, “While the New York Philharmonic deeply regrets having to cancel our fall concerts, we had no choice. Our number one concern is the health and safety of our audiences, musicians, and employees. It has become very clear that large groups of people will not be able to safely gather for the remainder of the calendar year due to the COVID-19 pandemic. Our decision to let the entire Philharmonic family and our public know at this time has been strongly informed by New York State government regulations, along with the advice of medical experts.”

The orchestra, however, noted that if possible, it will try to explore options for concerts in smaller gatherings. In the meantime, the orchestra will continue to share broadcasts of past performances and new videos.

According to the New York Times, the cancelation will mean a loss of $9 million in ticket revenue in addition to a net loss of $7 million to $10 million associated with the concerts canceled starting in March.

The New York Philharmonic is the latest art institution in the country to cancel its fall season. A week ago, the Dallas Opera and the Metropolitan Opera announced they would resume activity in 2021.