Frankston Theatre Group is the oldest dramatic theatre company in the suburb and was founded in 1942. There are also two musical theatre companies in the suburb, Peninsula Light Operatic Society (PLOS) and Panorama Theatre Company, which were founded in 1960 and 1979 respectively. Smaller theatre companies include: the youth theatre company People's Playhouse which was founded in 1995, and the contemporary theatre company Little Theatre which was founded by actor Kaarin Fairfax in 2009. Frankston is also home to the Hip Cat Youth Circus troupe which was founded at the Frankston Arts Centre in 2006.