The Irish Literary Theatre project lasted until 1901, when it collapsed owing to lack of funding. In 1904, Lady Gregory, Martyn, Yeats, John Millington Synge, Æ, Annie Horniman and William and Frank Fay came together to form the Irish National Theatre Society. The first performances staged by the society took place in a building called the Molesworth Hall. When the Hibernian Theatre of Varieties in Lower Abbey Street and an adjacent building in Marlborough Street became available, Horniman and William Fay agreed to their purchase and refitting to meet the needs of the society.