IBMA administers several of bowling's most prestigious and important annual awards programs, including:

• Male and Female Bowlers of the Year
  IBMA members have selected a Male Bowler of the Year since 1942 and a Female Bowler of the Year since 1948.
  
   
• Amateur Bowlers of the Year
  A special IBMA committee has selected the nation's best non-professional Male and Female Bowlers of the Year since 1991.
  
   
• Collegiate Bowlers of the Year
  A special IBMA committee has selected Male and Female Collegiate Bowlers of the Year since 1991.
  
   
• Senior Bowlers of the Year
• A special IBMA committee has selected a Senior Male Bowler of the Year since 1993 and a Senior Female Bowler of the Year since 2001.
   

• Luby Hall of Fame Award
  The IBMA membership annually recognizes one of its own for his or her distinguished service to bowling journalism. The recipient of the Luby Hall of Fame Award is granted membership into the IBMA Hall of Fame.  

• Alberta Crowe Meritorious Service Award
  This award is presented to an individual or organization for outstanding long-term accomplishments in and for the sport of bowling.  This award encompasses the BWAA’s Martino and the NWBW’s Jo Ettien Lieber Award.
  
   
• Kegel Bowler of the Month Award (see News section) A special IBMA committee recognizes the nation's best Bowler of the Month. Recipients receive a special photo plaque, sponsored by Kegel.
  
   
• IBMA Chuck Pezzano Scholarship (see Scholarships section) A special IBMA committee selects up to two recipients each year. Scholarships are awarded to a male and/or female high school senior or college undergraduate who has experience as a bowler, and is interested in a career in communications.