To save the theatre from a wrecking ball and being torn down, the Sipp Theatre Foundation was created in order to restore the property to its former glory of a movie house. The restoration began in May 1994, and in July of the same year, they had restored it enough to reopen. In November 1994, it staged its first concert, the first of many to come. It hosted a variety of productions from concerts to live stage productions. The thing that got the most excitement from people in the town is when it would reshow old movies in the historical theatre. By this time it had quit showing new movie productions and relied on showing older movies. The theatre ended up closing in 2014 and remained untouched until later 2015. Since then, they have moved from restoring it from its former glory to updating it to more of a mixture between modern and historic place. It is now home to its own youth theatre group, known as the Main Street Players and is set to play older movies again. It is not open full time, just on a production basis.