It mounted more than 30 new musicals each year, more than half selected through an open-submission, double-blind evaluation process involving prominent theater artists and producers.
[2] This weekly series paired performers from NYMF with artists from the Magnet Theater to create improvised musicals.
"title of show" became the first NYMF production to transfer to Broadway in 2008, followed by "Next to Normal" in 2009, which won three Tony Awards[6] and the 2010 Pulitzer Prize for Drama.
[8] In 2013, NYMF received a Special Drama Desk Award for a decade-long effort to create and nurture musical theater.
[9] In 2016, "Nerds: A Musical Software Satire" was slated to be NYMF's fourth Broadway transfer, its opening was cancelled due to the loss of a major investor.