The theatre as institution is owned by the government of the city of Zürich,[2] and the building by the Zürcher Frauenverein (ZFV) cooperative.

[1] Local residents successfully opposed the governmental plans, by establishing the Verein Quartierkultur im Kreis 6 (analogously "club district culture 6") in 1984, and the next year they founded the Verein Theatersaal Rigiblick (analogously "club auditorium Rigiblick").

Despite the mixed program, the performances of the free dance scene was the theater's traditional focus: the Swiss professional association for dance and gymnastics' (German: Schweizerischer Berufsverband für Tanz und Gymnastik SBTG) organized decades before, from 1948 to 1968 regular international summer courses, which involved teachers from the whole European German-speaking linguistic area.

In 2002 the ZFV-Unternehmungen cooperative (formerly Zürcher Frauenverein) repurchased the building complex, however, the hall of the theater remained in the possession of the city government of Zürich.

An extensive renovation of the facility was carried out in the same year, and under the direction of the Swiss actor Daniel Rohr, on 13 January 2005 Tania Blixen's "Babette's Fest", a guest performance of the Zimmertheater Tübingen, opened the venue's news season.