In 2010, the Friends of the Alleghany Community Auditorium partnered with the Alleghany County Schools to renovate and manage the auditorium. Renovations included structural and roof repairs, and th instillation of a new sound system and added a number of seats.

The auditorium has become the center for performing arts in Alleghany County.  The performances are varied and reflective of the people who call Alleghany home.  Theatre groups like the Barter Players and the Alleghany Community Theatre (ACT) perform regularly. The Hillbilly Comedy and Variety show is an annual favorite. Musical acts range from the Highland Camerata to the Western Piedmont Symphony to Alleghany's Junior Appalachian Musicians (JAM).  At some point during the year, there is something for everyone on the auditorium’s stage.