With the deliberation n° 116 of 23 November 2012, the Town Council of Alcamo, approved the steering motion, with the Councillor professor Antonio Fundarò as the first signatory and proposer, named "Institution Museum of Music Fausto Cannone".

On 23 January 2014 the Municipal Administration approved the deliberation relating to the foundation of the "Museum of the Multiethnic Musical Instruments", later inaugurated in July of the same year.

On 25 May 2021, the Municipal Administration has assigned the delivery of works relating to the project of extraordinary maintenance of the ex church San Giacomo della Spada, which foresees the correct conservation of the collection of the instruments belonged to Maestro Fausto Cannone.

At last the museum is going to have the suitable setting for the touristic-cultural fruition and the performing of recreational activities for citizens and visitors; in this way, they are going to resume the old ideal of the historical hospice inside this church, representing a place and an obligatory point of passage for the pilgrims who wanted to reach Santiago de Compostela.

He wanted to dedicate this museum to his father Gaspare Cannone who was a journalist, literary critic, anarchist and antifascist: He lived in the United States for many years, but due to his stands in favour of Sacco and Vanzetti, he was arrested and then forced to get back to Italy.