Simplify the following text for a Grade 5 native English-speaking person.
Original: It was leased to the American Academy of Dramatic Arts in 1898 , converted into a cinema around 1959 , and was reclaimed for use as an auditorium in 1997 .
Simplified: It was used by the American Academy of Dramatic Arts from 1898 . In 1959 it was changed into a cinema .