An awards show in Los Angeles by the beach? Try one that’s on the beach.

The Film Independent Spirit Awards is held in a tent near the Santa Monica pier in bright daylight (2 p.m. PST). For this 40th edition, “Saturday Night Live” alum Aidy Bryant returns for her second year as host, shepherding a show that honors and celebrates independent film and television.

Though there is considerable difference between the Indie Spirit Awards and the barrage of trophies given out during this time of year, considerable crossover does exist between the film nominees for this and the Oscars, including for “A Real Pain,” “Substance,” “Anora” and “Sing Sing.” But this ceremony also recognizes true up and comers, in categories such as the John Cassavetes Award (for the creative team behind films made for less than $1 million) and First Screenplay.

Maybe because the show, which will be live-streamed, is held in the afternoon, there is a casual quality that runs through the telecast. But don’t be fooled, stars still bring their style chops, and Ms. Bryant may have said it best last year during her monologue: “I heard that this awards show wasn’t fancy, but honestly this is one of the top ten nicest tents I’ve ever been in.”