Lea Michele Lea Michele

After displaying her acting chops, vocal abilities and dancing skills week after week on Glee, Lea Michele will be honored with a "triple threat" award from Billboard, according to The Associated Press.

The 24-year-old Emmy—nominated actress will receive the honor Thursday at Billboard's annual "Women in Music" luncheon in New York. The event will also pay tribute to Fergie of the Black Eyed Peas.

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"We worked so hard over here at Glee and we put together these mini-movies every week that is filled with dancing and singing," Michele told the news agency. "It feels like such a nice sort of wonderful recognition."

Although Glee has put out several albums since its debut last year, Michele says she is still waiting for the right time to release her own.

"I really am taking my time with making an album. ... It will be somewhere in my future but right now we are so busy over here," Michele said, noting that because of the hit Fox series, "I feel like I've already sort of made albums."