However in 2003, Paul Ramsey, of the Ramsey Farm Foundation, purchased the property and even donated the purchased property to the Princess Theater Troupe. The Princess Theater Troupe is a group of local volunteers who live for the purpose of restoring the old theater building. Paul's son, M. Paul Ramsey was an architect in California and he done the layout plans for the building during the process of restoration.
After the renovations were complete, The Princes Theater was reopened in August 2008 but not as a theater. It was reopened as a community non-profit organization where it is still used as today.