In October 1994, the Historic Preservation Commission of Cedarville extended an invitation to other interested citizens to form a new organization which would continue restoration and oversee future operations of the Opera House. In January 1995, with a newly organized committee, the Opera House was incorporated as the Cedarville Opera House Society, Inc. (aka COHS). By-laws were adopted, Board of Directors officers elected, and monthly and annual meetings were established.

The grand re-opening of the Cedarville Opera House took place on Labor Day 1994 with the enactment of Oh, Cedarville, a play written and produced by a member of the Society depicting the history of the town. The play was presented by members of the community and included segments about noted personalities from Cedarville.