Theater World Awards are annual honors that recognize outstanding achievements in the theater community, particularly for performances in Broadway and Off-Broadway productions. Established in 1945, these awards celebrate both newcomers and established artists, highlighting their contributions to the performing arts. The awards are presented in various categories, including Best Debut Performance and Special Awards for exceptional talent. The Theater World Awards aim to promote and support the vibrant world of live theater, encouraging artists to continue their work in this dynamic field.