There’s nothing funny about a broken leg. Or is there?

Islanders will have a chance to find out on Friday night, when the curtain rises on the latest installment of Comedy Night at Red Bicycle Bistro. The show, presented quarterly, features local performers in a lively mix of stand-up and other forms of comedy.

This week’s Comedy Night will show case seven different acts, including veteran funny man Steffon Moody. And that’s where the jokes about broken legs will come in.

Moody, who has played a role in Comedy Night since its inception in 2007, is sporting a cast after breaking three bones in his leg. It all happened in good fun, he said, after the cleat in one of his shoes caught in a bit of turf as he attempted to slide into second base during an Island softball game.

“I’ll have a lot of material about the whole incident,” Moody said, after being reached at home following surgery that involved doctors piecing his leg back together with one pin, three screws and a plate. “What’s not funny about flopping your broken foot around a softball field?”

Moody, a multi-faceted performer who helped found UMO Ensemble and has gone on to win many admirers in the arts community, said the experience of breaking his leg fit in perfectly with his idea of comedy.

“Comedy is all about taking tragedy and making it funny,” he said. “There is always a lot of funny wherever there is frustration — the heavier the hit, the bigger the laugh.”

Jim Farrell, another Comedy Night regular who is hosting Friday’s show, said he also plans to crack a few jokes at Moody’s expense.

“Because we love Steffon, we’ll make fun of him,” Farrell said.

But Friday’s show will also have a more serious aim — it’s a fundraiser to help Moody pay the costs of his medical expenses and lengthy recuperation.

Moody doesn’t have health insurance — in part because he was dropped by Washington’s Basic Health insurance program during state budget cuts two years ago. At that time, and after subsequent cuts, thousands of other Washingtonians saw their state-subsidized health coverage eliminated.

Moody, a father of two who is married to performer, singer and Pilates instructor Arlette Moody, said he’s been unable to find other affordable health insurance, and that despite his attempts to put money aside in his own private health care account, he wouldn’t be able to come close to paying the costs of his surgery at Harborview or earn much income during his recuperation.

He acknowledged that he had taken a risk by not having health insurance.

“Arlette and I are both artist/contractors, and we suffer the consequences of our choices,” he said. “I don’t feel like railing against the system. I don’t feel this sense of rage or indignation.”

Instead, he said, he has “surrendered” to the situation and is grateful for those on the Island who are already rallying to help him.

At the season closer for Church of Great Rain, a popular Island variety show, donations were solicited to help Moody, and a special bank account has been set up for Islanders to contribute to the cost of his care. Word about Moody’s injury and ways to help him is already spreading quickly on Facebook.

And at Friday’s Comedy Night, the show will go on — a reminder of all the delight Moody’s on- stage antics and acrobatics have brought to Islanders over the years.

The lineup, in addition to Farrell and Moody, will include Per Lars Blomgren, Harris Levinson, Richard Moore and Craig Sutherland. Nigel Larson, a working comedian from Tacoma, has been invited to give the evening a professional sheen.

According to Farrell, the shows routinely sell out — a result, perhaps, of its ecumenical approach to nurturing local talent and recruiting new comedians.

“We take all comers,” Farrell said, noting he got hooked on stand-up comedy after doing it for the first time at Comedy Night.

“The perils are greater than any other type of performance, but the rewards are also greater,” he added. “If you can turn on a room and get them to laugh, that’s a drug unlike any other.”

Comedy Night, slated for 8 p.m. Friday at Red Bicycle Bistro, costs $5, with proceeds benefitting Steffon Moody. Islanders can also contribute to a fund set up at Chase Bank’s Vashon branch. The account number is 3646276770. Comedy Night is recommended for adults.