The Elf Khurafeh Shrine intended it to be a worthy successor to the Academy of Music, a nearby theatre that burned down in 1917.

This proposal was unsuccessful, and the Shrine instead planned a large commercial theatre attached to a 3-story private clubhouse.

[3] The interior finishing of the theatre was delegated to Butterfield, which hired the Detroit firm of Tuttle & Clark to provide decorations, emphasizing luxury and refinement.

[5]: 9 The Temple Theatre opened on July 28, 1927, with a program of three vaudeville acts and two silent films, accompanied by organ and orchestra.

[10][5]: 4 The back wall of the theatre, facing the Saginaw River, served as an advertising space throughout the building's history.

[14] Following Butterfield's departure, the Shrine leased the theatre to multiple commercial and nonprofit operators, and painted its own logo on the back wall.

Prominent Saginaw doctor Samuel H. Shaheen bought the theatre in 2002 for $600,000, and committed to investing an additional $750,000 for renovations.

[17] An independent foundation was created to operate the theater in 2010, and additional restoration work was performed on the organ in 2011.

The partnership of the two Saginaw cultural landmarks ensures that both can continue to operate despite the challenges brought on by the COVID-19 pandemic's impact.

[12] Regular programming at the Temple Theatre includes local performing arts organizations, touring shows, films, summer camps, and community events.