The Tennessee Theatre is a 1928 movie palace that was completely restored and renovated into a state-of-the art performing arts and entertainment venue in 2005, at the cost of $30MM. It presents dozens of touring shows every year, including Broadway, and is the home of the Knoxville Symphony Orchestra and Knoxville Opera. Other arts organizations, for-profit entities, and private clients rent the facility. The mission of the Historic Tennessee Theatre Foundation, Inc., is to preserve, maintain, and operate The Official State Theatre of Tennessee as a performing arts facility and theater for the benefit and enjoyment of all Tennesseans and visitors to the State of Tennessee.