The Wurlitzer organ was highly sought after, even after the theater fell into disrepair. Because of its rarity, the Alabama Chapter of the American Theatre Organ Society approached the building owners to purchase the instrument. The owners, however, realized this was their chance to sell the building and told the Society that they could only get the organ if they bought the building. As this was the last noted ornate example of the Mighty Wurlitzer, the Society agreed. The Society formed Birmingham Landmarks in 1987 and raised enough money to save both the building and the organ.
The Alabama was restored in 1998. The Theatre still screens classic films. However, they have branched out to allow various cultural engagements such as symphonies, the ballet, and concerts.