The company also introduced a new committee that will support emerging playwrights.
The evening will celebrate the work of playwright/director Moss Hart.
The Smash star will perform songs that have defined his swift rise to stardom.
The honors are presented by the Independent Reviewers of New England.
The event is sponsored by London-based organization Surviving Actors Ltd.
David and Joseph Zellnik's tuner will play the Rainbow Theatre Project on May 5.
The evening will be themed around the theater's current revival of Our Town.
The off-Broadway institution has announced three of the titles in its upcoming 2014-2015 season.
The honor will be bestowed during the 2014 Tony Awards on June 8.
Jason Gotay, Remy Zaken, and Randy Jones will lead the cast of the political piece.