The Pittsburgh Cultural Trust purchased the theater in 1990 and following the first of four planned phases of renovation, the Fulton was reopened in May 1991. It was later renamed the Byham Theater through a naming gift from the Byham family following the second phase of renovation in 1995. The old lighted Fulton marquee has been restored by the State Museum of Pennsylvania in Harrisburg and will be installed there as part of a theater exhibit. The second phase of renovations brought new restrooms, box office, marquee, an elevator, lobby improvements and facade changes. In 1997, the Cherub Lobby was restored to its original splendor. The third phase of renovation in 1999 updated the theater rigging system, enlarged the orchestra pit and provided new HVAC for the entire building. As funding becomes available, the Pittsburgh Cultural Trust will continue to enhance the Byham Theater to address improvements in theater technology.