Each will receive $2,000 and an engraved crystal trophy. Graynor played the part of sexy literary groupie Alison in Manhattan Theatre Club's production of Donald Margulies' Brooklyn Boy. Borle plays several roles in Spamalot, including the Historian, Not Dead Fred, a French Guard and lovesick Prince Herbert.

Established in 1944 by actor and former Actors' Equity Association President Clarence Derwent, The Derwent Awards are among the oldest awards on Broadway. Past recipients include Annette Bening, Kristin Chenoweth, Calista Flockhart, Gene Hackman, Dana Ivey, John Malkovich, Ann Reinking, George C. Scott, Frances Sternhagen, Gene Wilder and James Woods.

This year’s panel of judges included Betty Corwin, Director of Special Projects, Theatre on Film & Tape Archive of the Lincoln Center Library for the Performing Arts; Michael Kuchwara, Associated Press; Patrick Quinn, President of Actors' Equity; David Rosenberg, Back Stage; Michael Sommers, The Star Ledger; Douglas Watt, The Daily News, and Carl Harms.