Actors Jeremy Renner and Eva Mendus did the honors.
The Spirit Awards celebrate films that cost less than $20 million, made by filmmakers who embody independence and originality.
The five films up for best feature include: "127 Hours", "Black Swan", "Greenberg", "The Kids Are All Right," and "Winter's Bone."
The Spirit Awards will be handed out in February -- the day before the Academy Awards.
Low-budget films such as those honored at the Spirit Awards have gained increasing weight at the Oscars.
Recent Spirit Awards winners such as "Precious," "The Wrestler" and "Juno" have been major Oscar contenders.
Joel McHale, star of the TV comedy "Community," will be host of the Spirit Awards, airing on IFC.
The Associated Press contributed to this report.