| Educational Broadcasting Corporation | The Adams Chronicles | 06/16/87 | $300,000 | New York, NY, United States | Arts and Culture |
| Metropolitan Opera Association, Inc. | Young Artist Development Program | 06/16/87 | $850,000 | New York, NY, United States | Arts and Culture |
| Actors Theatre of Louisville, Inc. | Regional Theatre Program | 03/19/87 | $75,000 | Louisville, KY, United States | Arts and Culture |
| Arts Resources in Collaboration, Inc. | Handbook | 03/19/87 | $15,000 | New York, NY, United States | Arts and Culture |
| Berkeley Repertory Theatre | Regional Theatre Program | 03/19/87 | $75,000 | Berkeley, CA, United States | Arts and Culture |
| Trinity Repertory Company | Regional Theatre Program | 03/19/87 | $100,000 | Providence, RI, United States | Arts and Culture |
| Museum of Broadcasting | Cataloguing Project | 03/19/87 | $20,000 | New York, NY, United States | Arts and Culture |
| Washington Drama Society, Inc. | Regional Theatre Program | 03/19/87 | $150,000 | Washington, DC, United States | Arts and Culture |
| Group I Acting Company, Inc. | Regional Theatre Program | 03/19/87 | $100,000 | New York, NY, United States | Arts and Culture |
| American Repertory Theatre Company, Inc. | Regional Theatre Program | 03/19/87 | $125,000 | Cambridge, MA, United States | Arts and Culture |
| Center Stage Associates, Inc. | Regional Theatre Program | 03/19/87 | $100,000 | Baltimore, MD, United States | Arts and Culture |
| Shakespeare Theatre | Regional Theatre Program | 03/19/87 | $75,000 | Washington, DC, United States | Arts and Culture |
| Spanish Theatre Repertory Company, Ltd. | Regional Theatre Program | 03/19/87 | $50,000 | New York, NY, United States | Arts and Culture |
| Theatre Communications Group, Inc. | Program Activities | 03/19/87 | $175,000 | New York, NY, United States | Arts and Culture |
| Oregon Shakespeare Festival Association, Inc. | Regional Theatre Program | 03/19/87 | $75,000 | Ashland, OR, United States | Arts and Culture |
| Yale University | Regional Theatre Program | 03/19/87 | $125,000 | New Haven, CT, United States | Arts and Culture |
| The Connecticut Players Foundation, Inc. | Regional Theatre Program | 03/19/87 | $75,000 | New Haven, CT, United States | Arts and Culture |
| Perseverance Theatre Incorporated | Regional Theatre Program | 03/19/87 | $50,000 | Douglas, AK, United States | Arts and Culture |
| Seattle Repertory Theatre | Regional Theatre Program | 03/19/87 | $75,000 | Seattle, WA, United States | Arts and Culture |
| Center Theatre Group of Los Angeles | Regional Theatre Program | 03/19/87 | $100,000 | Los Angeles, CA, United States | Arts and Culture |
| McCarter Theatre Company | Regional Theatre Program | 03/19/87 | $60,000 | Princeton, NJ, United States | Arts and Culture |
| Old Globe Theatre | Regional Theatre Program | 03/19/87 | $100,000 | San Diego, CA, United States | Arts and Culture |
| American Conservatory Theatre Foundation | Regional Theatre Program | 03/19/87 | $60,000 | San Francisco, CA, United States | Arts and Culture |
| Denver Center for the Performing Arts | Regional Theatre Program | 03/19/87 | $60,000 | Denver, CO, United States | Arts and Culture |
| Hartford Stage Company | Regional Theatre Program | 03/19/87 | $150,000 | Hartford, CT, United States | Arts and Culture |
