PROSPECT MUSICALS is dedicated to fostering and showcasing today's new voices shaping tomorrow's musicals. Over two decades, the company has premiered almost 40 musicals in New York City, in addition to new plays and numerous re-inventions of classic works. Reflecting its investment in the future of the field, Prospect leads a variety of developmental initiatives: including an annual Musical Theater Lab for emerging writers, and the IGNITE Series of new musical theater in concert. In 2020, Prospect launched the VISION Series of original music-theater works on film, created for online streaming. In recognition of its enterprising and risk-taking new musical theater, the company has received an OBIE Award grant, and its role as a community anchor for emerging artists that strengthens the quality, diversity, and dynamism of American theater was honored by the American Theatre Wing.

Most recently, Prospect produced the NYC premiere of Lizard Boy (2023) with book, music and lyrics by Justin Huertas, and the musical song-cycle Notes From Now – Songs of Resilience & Renewal (2022) featuring a lineup of newly-commissioned original songs created by 21 of today’s brightest musical theater writers. Other recent productions include the Drama Desk Award-nominated Einstein’s Dreams (2019) by Joanne Sydney Lessner & Joshua Rosenblum, adapted from the novel by Alan Lightman, and the Drama Desk and Outer Critics Circle Award-nominated The Hello Girls (2018), by company founding artists Peter Mills & Cara Reichel. Additional notable productions include: Kerrigan & Lowdermilk's The Mad Ones (2017); Ryan Scott Oliver and Hunter Foster's Jasper in Deadland (2014); the Drama Desk nominated Tamar of the River (2013) by Joshua H. Cohen and Marisa Michelson; Carner & Gregor's Unlock'd (2013); Gordon Greenberg's revisal of Working (Drama Desk Award, Outstanding Ensemble, 2012) including new songs by Lin-Manuel Miranda; and Elizabeth Lucas' re-imagining of Guettel's Myths and Hymns (2012).