The theater was founded by John Hopkins, a former puppeteer from Six Flags Over Texas and Pady Blackwood, of Howdy Doody fame and former Bil Baird artist.

In the 4th year of operation, the landlord raised the rent and the theater became financially unstable when sales stalled during non-peak seasons.

In 1996, amidst internal conflicts, Blackwood left Le Theatre de Marionette to start his own company.

In January 1997, Hopkins sold the NorthPark Le Theatre de Marionette to John Hardman[3] who continued to operate the theater with his other theatrical operations, including an annual marionette show, The World on a String, performed at the State Fair of Texas, and seasonal shows for NorthPark center.

In 2002, amid fears arising from the recent 9/11 attacks, and subsequent loss of business, the theater announced a sudden and abrupt closure as a temporary measure.

The new business was called Slappy's Playhouse and had no actual affiliation with Le Theatre de Marionette.

[6] In 2005, Kent Williams, a local Dallas voice actor, kabuki artist, and puppeteer entered into agreements with John Hopkins and John Hardman to retrieve and refurbish the shows and tour the programs in local schools, museums, and other cultural centers with grants made in part by ArtsPartners Texas Commission on the Arts.

Since 2013, Le Theatre de Marionette has produced shows for special events with an emphasis on holiday programs and restaged classic children's fairy tales.