The mission of the Hippodrome/Colony Historical Theatre Association, Inc. is:
- To preserve, maintain and operate the Colony Theatre as an historic landmark which benefits the people of the Marietta/Parkersburg metropolitan area and the Mid-Ohio Valley by presenting programs of artistic, social and educational merit.
- To serve as a community auditorium to support the revitalization of the downtown business district and enhance the tourism trade in the area.
- To serve the community as an auditorium facility to benefit schools, performing arts organizations, service organizations, businesses and religious organizations.
- To serve the community by presenting a broad spectrum of high quality multi-cultural activities in all art forms.
- To provide a venue for local, regional, national and international artists.
- To develop cultural awareness through educational programs.