The Princess Theatre was originally established in 1925 by George Elam. "The Princess Theatre is an inspiring example of what can happen when a community believes in itself and the value of the arts to quality of life. The theatre has contributed substantially to the life and economy of Winnsboro and Franklin Parish. The restoration of the turn-of-the-century Princess Theatre to a live performance venue was the catalyst for the development of historic downtown Winnsboro. Further, the theatre's programs include a full series offering international, national, and local performances as well as a coffee house series that is free to the community. The Princess functions as both a performing arts venue and a forum for educational programming; it has transformed cultural opportunities in Northeast Louisiana and continues to be a model for success throughout the region.”