The April 30 gala will honor Peters as the company's 2009 Artistic Honoree; Ono will be presented with the 2009 Global Health & Hope Award.
National Dance Institute's Gala, which celebrates the life and legacy of John Lennon, will benefit arts education programs in 30 NDI partner schools throughout the city.
Bernadette Peters was last on Broadway in the acclaimed revival of Gypsy, for which she received a 2003 Tony Award nomination for her performance as Rose in the Sam Mendes-directed production. She won her two Tonys for her performances in Andrew Lloyd Webber's Song & Dance and Irving Berlin's Annie Get Your Gun, and she has also starred on Broadway in Mack & Mabel, On the Town, Sunday in the Park with George, The Goodbye Girl and the original production of Stephen Sondheim's Into the Woods. Peters' newest live recording, "Sondheim, Etc., Etc.—Bernadette Peters Live at Carnegie Hall (The Rest of It)," is available on the Angel Records label. Masterworks Broadway has also released a "Legends of Broadway" CD celebrating her theatrical career. Peters' screen credits are numerous.