Actress Amy Adams is set to receive the prestigious Cinema Vanguard Award at the upcoming Santa Barbara International Film Festival for her performance in Paul Thomas Anderson's "The Master."

Announced Monday, Adams will receive her honor as well as a public tribute on Jan. 31 the Arlington Theatre during the film festival that runs from Jan. 24 to Feb. 3. 
In the 1950's drama, Adams plays Peggy Dodd, the "steely wife of a charismatic spiritual leader," according to the Los Angeles Times. She has also been recognized as best supporting actress for her role Los Angeles Film Critics Association, which was announced Sunday. 
The SBIFF describes recipients of the Cinema Vanguard Award and actors and actress who have "forged his/her own path, taking artistic risks and making a significant and unique contribution to film," according to The Hollywood Reporter
"Amy Adams is one of the gutsiest and most gifted actors working today," said SBIFF's executive director, Roger Durling, in a statement. 
"She embodies what the Cinema Vanguard Award is all about, and after her performance in 'The Master' the time has come to recognize her talent and versatility."
Jean Dujardin and Bérénice Bejo, Nicole Kidman, Christoph Waltz and Ryan Gosling have all previously received the accolade. 
A three-time Oscar nominee, Adams is also known for such roles as "Enchanted," "Junebug," and "Catch Me If You Can." 
"The Master" released in the U.S. Sept. 14, and also stars Joaquin Phoenix and Philip Seymour Hoffman.