Movies
Rex Features
Society director Kent Jones said the 52-year-old has set "a very high standard" for his fellow actors to aspire to.
Hanks will follow in the footsteps of Meryl Streep, who was recognised by the society last year.
Jones told the BBC: "There are so few actors who have been able to make the struggle and drama of being a good man compelling."
He praised Hanks's "talent, his presence, his versatility" on the screen and said he was an inspiration to others in the industry.
The Lincoln Centre for the Performing Arts is home to a dozen arts organisations.
Movie Reviews
'Extremely Loud & Incredibly Close' reviewTom Hanks features in a long and winding journey through New York after 9/11
At the Movies
David Lynch: 10 reasons to worship himIt's time to celebrate director David Lynch as the BFI screens a season of his films.
Movies Interviews
Max von Sydow 'Extremely Loud' interviewActing legend Max von Sydow on Extremely Loud & Incredibly Close, The Exorcist and Flash Gordon.
Box Office Charts
'The Woman in Black' wins UK box officeThe Woman in Black beats The Muppets and Star Wars at the the UK box office.
