Hollywood heavyweights Susan Sarandon, Spike Lee and Anne Hathaway are among the long list of stars hosting a forthcoming event to celebrate President-elect Barack Obama's inauguration.

The Creative Coalition's Gala Inaugural Ball will see a legion of A-list attendees joining the five million people expected to attend the historic bash next year.

Organizers of the non-profit event are reportedly using their star supporters to solicit sponsorships of up to $150,000 from corporations and lobby firms, according to the New York Post.

The ball is scheduled for January 20th - the same evening Obama will be sworn into office.

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(This news article provided by World Entertainment News Network)