updated 01/27/2012 AT 9:00 AM ET
•originally published 01/27/2012 AT 9:40 AM ET
The ceremony, held the day before the Academy Awards in a tent on the beach in Santa Monica, Calif., will also include appearances by Bryan Cranston, Elizabeth Banks and Ewan McGregor, who will also present awards on the show.
Hosted by Seth Rogen, the Film Independent Spirit Awards will also air on IFC on Feb. 25 (10 p.m.).
Among this year’s crop of nominees: Michelle Williams, who also scored an Oscar nomination for My Week with Marilyn, for best female lead; and Ryan Gosling, who some say was snubbed at the Oscars, is up for best male lead for Drive.
Chastain, meanwhile, is up for best supporting female for Take Shelter.
Best feature nominees include: 50/50, Beginners, Drive, Take Shelter, The Artist and The Descendants.