 In 2003, The Music Hall was named an "American Treasure" under a program sponsored by the National Park Service and the National Trust for Historic Preservation, which allowed the organization to collect a large federal grant to begin restoration work.Armed with $395,000 in grant money from the federal government, work began on a multi-phase restoration project designed to return the theater to the way it was during its heyday, circa 1901.The restoration project's Phase I included the refurbishment of the theater's proscenium arch, auditorium ceiling, and stairs.