The program is the first of its kind to be held by the motion picture academy in its 85-year-history.
"We expect to have a full house very quickly because it's really a one-of-a-kind concert," said Charles Fox, governor of the Academy of Motion Picture Arts and Sciences' music branch. "It's never been done before and it's featuring some of the world's best composers."
The concert will be presented in the days leading up to the 86th annual Academy Awards.
Get the full list of 2014 Oscar nominees
It will feature suites from all five original songs up for Oscars this year, conducted by their composers: "Her" by William Butler and Owen Pallett, "Philomena" by Alexandre Desplat, "Saving Mr. Banks" by Thomas Newman, "Gravity" by Steven Price, and "The Book Thief" by John Williams.
It will also feature this year's nominated original songs. Jill Scott is set to sing Pharrell Williams' "Happy" from "Despicable Me 2." "Let It Go" from "Frozen" will be performed by writers Kristen Anderson-Lopez and Robert Lopez.
Performers for U2's "Ordinary Love" from "Mandela" and Karen O's "The Moon Song" from "Her" will be announced soon, according to Fox. Organizers hope to make the program an annual event.
The show is open to the public and will begin at 8 p.m. Tickets can be purchased at Ticketmaster for $75 or $100.
For more information on the event, visit www.oscars.org.
The Associated Press contributed to this report.