The Broadway Prize is an award given to recognize excellence in theatrical performances and productions on Broadway. The award is commonly referred to as the TONY Award, named after Antoinette Perry, an American actress, director, producer, and co-founder of the American Theatre Wing. The TONY Awards are presented annually by the American Theatre Wing and The Broadway League. The awards are given in various categories such as Best Musical, Best Play, Best Revival of a Musical, Best Revival of a Play, and many more.