
All three films are up for best picture at Sunday's Academy Awards, where Portman is considered the favorite to win the best-actress Oscar and Franco is a co-host alongside actress Anne Hathaway.
With plenty of overlap among nominees at the Oscars, the Spirit Awards are a warm-up for Hollywood's biggest party.
The British monarchy saga "The King's Speech," the best-picture front-runner at the Oscars, won the prize for best foreign film.
"Black Swan" also took the cinematography award for Matthew Libatique.
Portman and Aronofsky joked about the difficulty in getting "Black Swan" off the ground, with cash tight and few people believing the film could ever make its money back.
"My ballet teachers were, like, every day, `So when do we get paid?'" said Portman, who won for her role as a ballerina losing her grip on reality.
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