As previously reported, Fox 5 reporter Julie Chang will emcee the event that begins at 5:30 PM and also honors stage and screen actress Brooke Shields, New York City council speaker Christine Quinn and managing partner & co-founder of Stonehenge Partners Ofer Yardeni.

"Inside Broadway’s aim is to pass down the rich legacy of musical theater to future generations so that the magic, music and universal themes of the genre are not lost but rediscovered and made relevant for today’s youth," said Inside Broadway’s executive director Michael Presser in a statement. "Our honorees this year have each without a doubt greatly contributed to that cause."

Now in its 29th year, Inside Broadway develops and produces touring equity musical productions as well as vital after-school arts programs that allow students to interact with professionals in the field and experience theatre hands-on.

The annual cocktail reception and awards show is held to support the company's mission of bringing the joys of theatre to New York City’s under-served public school students.

Larroquette made his Broadway debut in How to Succeed… and is best known for his work on television in "Night Court" and "The John Larroquette Show." Shields, who will soon step into the role of Morticia in The Addams Family, has also been seen on Broadway in Grease, Chicago, Cabaret and Wonderful Town. The Players Club is located at 16 Gramercy Park South. For more information, visit www.InsideBroadway.org.