It was revealed the theatre was again facing possible foreclosure.

The theater faced eviction when the property was sold, and the building was to be torn down.

The theatre currently faces closure by the church.

And theaters like it are facing similar decisions.

"This theater has faced that problem over the years of just reducing the structure," he said.

According to internal correspondence that was leaked to the press, the theater could face "technical insolvency" by today.

The theater faces the west side of the Villa and uses its entrance as a stage.

These theaters are facing increasing competition though, as first run theaters continue to show more movies past the traditional four to six week time frame.

That said, nonprofit theaters still face an uphill climb, particularly those below 14th Street.

The theatre has always faced financial difficulties because the Italian authorities do not provide regular funding.