Photo Flash: Inside the 2014 Theatre World Awards with Cranston, Levi & More!

First presented in 1945, the prestigious Theatre World Awards, founded by John Willis, the Editor-in-Chief of both Theatre World and its companion volume, Screen World, are the oldest awards given for Outstanding Broadway and Off-Broadway Debut Performances.

The Theatre World Awards are presented annually at the end of the theatre season to six actors and six actresses for their significant, reviewable, debut performances in a Broadway or Off-Broadway production. The ceremony is a private, invitation-only event followed by a party to celebrate the new honorees and welcome them to the Theatre World "family." In what has become a highly entertaining and often touching tradition, 12 previous winners serve as the presenters, and often relive moments from past ceremonies and share wonderful stories rarely heard at other theatrical awards. Check out potos from insode this year's ceremony below!

The 2014 Theatre World Award Honorees for Outstanding Broadway or Off-Broadway Debut Performance include Paul Chahidi(Twelfth Night, or What You Will), Nick Cordero (Bullets over Broadway), Bryan Cranston (All The Way), Mary Bridget Davies (A Night with Janis Joplin), Sarah Greene (The Cripple of Inishmaan), Rebecca Hall (Machinal), Ramin Karimloo (LES MISERABLES),Zachary Levi (First Date), Chris O'Dowd (Of Mice and Men), Sophie Okonedo (A Raisin in the Sun), Emerson Steele (Violet), andLauren Worsham (A Gentleman's Guide to Love and Murder). Celia Keenan-Bolger (The Glass Menagerie) will receive the Dorothy Loudon Award for Excellence in the Theater, and Christopher Plummer will be honored with the John Willis Award for Lifetime Achievement.

Photo Credit: Jim Baldassare/Mike Kostel