The Drama Desk, a group of 150 theater critics and reporters, announced the awards on May 17, 2004.
| Outstanding Play | I Am My Own Wife |
| Outstanding Musical | Wicked |
| Outstanding Musical Revival | Assassins |
| Outstanding Play Revival | Henry IV—LCT |
| Best Actor in a Play | Kevin Kline , Henry IV—LCT |
| Best Actress in a Play (tie) | Viola Davis, Intimate Apparel and Phylicia Rashad A Raisin in the Sun |
| Best Featured Actor in a Play | Ned Beatty, Cat on a Hot Tin Roof |
| Best Featured Actress in a Play | Audra McDonald, A Raisin in the Sun |
| Best Actor in a Musical | Hugh Jackman, The Boy From Oz |
| Best Actress in a Musical | Donna Murphy, Wonderful Town |
| Best Featured Actor in a Musical | Raul Esparza, Taboo |
| Best Featured Actress in a Musical | Isabel Keating, The Boy From Oz |
| Best Director of a Play | Jack O'Brien, Henry IV—LCT |
| Best Director of a Musical | Joe Mantello, Wicked |
| Best Choreography | Kathleen Marshall, Wonderful Town |
| Best Book of a Musical | Winnie Holzman, Wicked |
| Best Music | Jeanine Tesori, Caroline, or Change |
| Best Lyrics | Stephen Schwartz, Wicked |
| Outstanding Orchestrations | Michael Starobin, Assassins |
| Outstanding Set Design of a Play | John Lee Beatty, Twentieth Century |
| Outstanding Set Design of a Musical | Eugene Lee, Wicked |
| Outstanding Costume Design | Susan Hilferty, Wicked |
| Outstanding Lighting Design | Jules Fisher and Peggy Eisenhauer, Assassins |
| Outstanding Sound Design | Dan Moses Schreier, Assassins |
| Outstanding Solo Performance | Jefferson Mayes, I Am My Own Wife |
| Unique Theatrical Experience | Toxic Audio in Loud Mouth |
| Special Awards | Dakin Matthews for his adaption of William Shakespeare's Henry IV—LCT, The Flea Theater, and The Classical Theatre of Harlem |
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