Why mess with reductions, when you can play Menotti's excellent double-bill THE TELEPHONE and THE MEDIUM? Scored for just 14 players in the composer's own original version. (He does suggest you can double the strings for a more robust sound in larger theatres, but with solid players who play-out in the broader sections you don't necessarily need to).
And really you can do almost all the Handel operas with 15 players
15 would almost be luxuriously over-many for Cavalli and Monteverdi, although the early Monteverdi pieces need lots of specialist brasswind (cornetti and sackbutts, recorders etc) which don't feature in his later works.
Jonathan Dove has done some neat reductions of major works for Opera Ireland - I heard their CUNNING LITTLE VIXEN (deftly conducted by Peter Robinson) and it was a very convincing piece of work indeed, for just 15 players.
If you can summon-up around 20 players you can even do Philip Glass's AKHNATEN (as it has no fiddles at all in the score, just vla, vc & db, plus ww and brass). There was a chamber production of it in the USA (conducted by Deirdre McLeod) which got by with just 13 players, but they had to do some small-scale rearrangement and the cellist practically never stopped playing at any point
How on earth do you move the harp part to a flute, I find myself wondering?