The Met Gala is back, just eight months after the last one.

Every year on the first Monday in May,

celebrities from the worlds of fashion, music, and the arts

join together to raise funds for the

Costume Institute at the Metropolitan Museum of Art.

The livestream, which will be broadcast on

will begin at 6 p.m. E.T. on May 2nd and will also be available

via the Vogue channels on Instagram, Facebook, and Twitter.

Blake Lively, Ryan Reynolds, Regina King, and

Lin-Manuel Miranda are co-chairing the event this year.