Skip to the page content
Passes our checks

Live Yes Studios

EIN 99-2344069 · Lincoln, NE

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair59 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ORGANIZATIONS PRIMARY MISSION IS SUPPORTING ADULTS WITH DEVELOPMENTAL, MENTAL, AND PHYSICAL DISABILITIES IN CREATIVE EXPRESSION, REPRESENTATION, AND COMMUNITY PARTNERSHIPS. TO PROVIDE THESE SERVICES, LIVE YES STUDIOS OFFERS AN ART STUDIO, EQUIPMENT, AND SUPPLIES FOR THE ARTISTS TO CREATE WORK AND PARTICIPATE IN DAILY CLASSES TAUGHT BY LIVE YES ART INSTRUCTORS. LIVE YES STUDIOS HOSTS MONTHLY GALLERY EXHIBITIONS, ALLOWING ARTISTS TO SHOWCASE AND SELL THEIR WORK.

Income
$1.3 million
Spending
$863,703
Spent on programs
81%
Reserves
1.4 months of spending
Largest source of income
fees for its services, 68%
Employees
16
Volunteers
1
Highest pay
$27,692, co-executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 59 out of 100. Higher than 19% of charities in its peer group (diseases, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.4 months of spending.

  • Debt

    10 of 20

    It owes 49% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 32% of income.

  • Spending floor

    15 of 15

    81% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 85 out of 100. Higher than 33% of charities in its peer group (diseases, $1m to $10m).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $409,598 spent. ART STUDIO: LIVE YES STUDIOS' ART STUDIO PROGRAM FEATURES A 6,500 SQUARE FOOT SPACE FILLED WITH VARIOUS ART SUPPLIES AND EQUIPMENT. WE HIRE LOCAL ARTISTS TO TEACH CLASSES AND PROVIDE DAILY SUPPORT. ADDITIONALLY, LIVE YES STUDIOS HOSTS MONTHLY GALLERY EXHIBITIONS, ALLOWING ARTISTS TO SHOWCASE AND SELL THEIR WORK.
  2. $215,392 spent. SUPPORTED SERVICES: LIVE YES STUDIOS GOES BEYOND THE PAINTBRUSH TO PROVIDE INDEPENDENT AND SUPPORTED FAMILY LIVING SERVICES FOR DISABLED ADULTS WHO LIVE ON THEIR OWN OR WITH THEIR PARENTS. THESE SERVICES HAVE ACCESS TO OUR ART STUDIO AND OFFER SUPPORT TO ACCOMPLISH ACTIVITIES OF DAILY LIVING SUCH AS CLEANING, COOKING, SHOPPING OR PARTICIPATING IN COMMUNITY ACTIVITIES.
  3. $74,288 spent. COMMUNITY INCLUSION: LIVE YES STUDIOS COMMUNITY INCLUSION PROGRAM TAKES PARTICIPANTS ON DAILY EXCURSIONS TO LOCAL SHOPS, GALLERIES, AND MUSEUMS. OUR COMMUNITY INCLUSION PROGRAM HELPS TO DEVELOP RELATIONSHIPS BETWEEN LIVE YES STUDIOS AND LOCAL COMMUNITY MEMBERS AND FURTHERS LIVE YES STUDIOS MISSION OF BUILDING STRONG COMMUNITY PARTNERSHIPS.
  4. $2,697 spent. NEBRASKA VOCATIONAL REHABILITATION IS AN EMPLOYMENT PROGRAM FOR PEOPLE WHO EXPERIENCE A DISABILITY. EVERYTHING NEBRASKA VR DOES AND ALL OF THE SERVICES THEY PROVIDE ARE FOR THE PURPOSE OF HELPING PEOPLE WITH DISABILITIES PREPARE FOR, FIND AND/OR KEEP A JOB. LYS RECEIVES FUNDING DIRECTLY NEBRASKA VR TO SUPPORT DISABLED ADULTS IN FINDING AND MAINTAININGEMPLOYMENT.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.