By ALICIA RANCILIO

Bruce Springsteen will take the stage as both performer and a guest of honor at one of Hollywood’s most prominent fundraising events, the Academy Museum Gala.

The 75-year-old rock legend is being honored alongside actors Penélope Cruz and Bowen Yang and filmmaker Walter Salles at the Oct. 18 celebration hosted by the Academy Museum of Motion Pictures.

The high-fashion get-together, now in its fifth year, has been positioned as a West Coast version of the New York Metropolitan Museum of Art’s Met Gala. It features a massive red carpet with a slew of celebrities from Hollywood and beyond, raising money for the Los Angeles museum’s exhibits and education programs.

Gala co-chairs include Jon M. Chu, Common, Jennifer Hudson, Viola Davis, Julius Tennon, Robert Downey Jr. and Susan Downey. The host committee includes Kurt Russell and Goldie Hawn, Adrien Brody, Zoë Kravitz, Demi Moore, Colman Domingo, Ke Huy Quan, Meg Ryan and Amy Adams.

Last year’s event honored Quentin Tarantino, Rita Moreno and Paul Mescal and raised more than $11 million.