The Two Work Together To Replenish Funds Following The Cancellation Of The 2020 Nutcracker Produc tion and Its 1.5 Million Dollars of Lost Ticket Revenue.
Photo Credit: Alicia Lee
LAS VEGAS, January 7, 2021 — Now through January 30th, Lexicon Bank, Nevada’s community-focused banking partner, will support Nevada Ballet Theatre (NBT) by encouraging donations to their Shoe Fund. The NBT Shoe Fund has a direct impact on NBT’s work to enrich the community through professional ballet performances and premier dance education programs. Donations to the Shoe Fund will cover the cost of shoes for NBT’s professional company dancers, Future Dance Scholars, and students from its affiliated Academy who perform in The Nutcracker and other main stage productions. Each donation of $50-$100 helps to purchase a new pair of shoes, including pointe shoes, ballet flats, and jazz shoes.
This partnership with Nevada Ballet Theatre is a part of the Lexicon Bank Community Spotlight program, a monthly initiative that highlights local non-profit organizations that are making a difference in the Southern Nevada community.
“We are excited and honored to partner with Nevada Ballet Theatre this month to support the art of dance in our community and help make Las Vegas a more joyful place to live, grow and prosper,” said Stacy Watkins, Lexicon Bank President, and CEO.
Professional, non-profit ballet, and dance companies spend thousands of dollars a year on shoes. With dancers needing a variety of shoes each season, at varying costs, donations for general expenses like shoes support every area of NBT’s mission. Professional ballerinas can dance through hundreds of pairs of pointe shoes in just one season, at a cost of about $100 each. NBT spends $60,000 a year, alone, on pointe shoes for female dancers.
Like many small businesses and nonprofits in Southern Nevada in 2020, Nevada Ballet Theatre faced a large financial deficit due to coronavirus pandemic challenges, including the cancelation of the 39th running performance of The Nutcracker. Between canceled performances and reduced educational curriculum, the City’s beloved Nevada Ballet Theatre estimates over 2.6 million lost in revenue last year. Now, more than ever, Nevada Ballet Theatre needs support to continue delivering exceptional shows and inspiring tomorrow’s future leaders in the arts.
“We salute Lexicon Bank and their commitment to supporting the performing arts in Las Vegas,” said NBT Executive Director & CEO Beth Barbre. “Donations made through this fund directly support NBT’s mission.”
As one of Las Vegas’ community treasures, Nevada Ballet Theatre’s impact on performing arts in Las Vegas is without parallel. Now in its 49th year, NBT continues to bring the Las Vegas community closer to the art form of dance. With professional Company productions at The Smith Center for the Performing Arts, where it is the resident ballet company, an affiliated ballet and dance academy, and numerous education and outreach programs, NBT is at the heart of Las Vegas’ cultural landscape.
NBT’s Go-Move-Dance Program also provides free in-school dance instruction to students in 16 CCSD Title 1 schools. More than 900 students fill the stage each spring to showcase what they learned for friends and family. At the end of the dance season, students perform in the program’s annual spring concert at The Smith Center.
To learn more about Lexicon Bank’s Community Spotlight and find more ways to get involved, visit lexiconbank.com/community.
ABOUT LEXICON BANK
Founded in 2019, Lexicon Bank is Nevada’s community-focused banking partner. Lexicon Bank provides private, personal, comprehensive banking services to business and personal banking customers, placing an emphasis on creating and nurturing a long-term relationship. By providing personalized services to all customers, Lexicon Bank helps to foster Southern Nevada’s economy and community – ultimately helping to grow the Las Vegas local business economy. The bank is redefining banking as it should be in the Las Vegas Valley and Southern Nevada by creating a private bank for small businesses no matter the size. Lexicon Bank is located in Tivoli Village at 330 S. Rampart Blvd., Suite 150. The bank is open from 9 a.m. to 5 p.m. Monday through Friday, 10 a.m. to 2 p.m. on Saturdays, and can be reached by phone at (702) 780-7700 or online at lexiconbank.com. Lexicon Bank is a member of the Federal Deposit Insurance Corporation (FDIC).
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ABOUT NEVADA BALLET THEATRE
For almost five decades, Nevada Ballet Theatre (NBT) has enriched the lives of the people of Las Vegas through professional Ballet productions, an affiliated Academy offering the highest level of dance training, and outstanding education and outreach programs for underserved youth. As a 501(c)(3) non-profit performing arts organization and the largest professional ballet company and dance Academy in the state, Nevada Ballet Theatre (NBT) has been a cultural force since its first performance almost 50 years ago. The mission of Nevada Ballet Theatre is to educate and inspire statewide, regional and national audiences and vitally impact community life through professional company productions, dance training, and education and outreach. Nevada Ballet Theatre is the Resident Ballet Company of The Smith Center for the Performing Arts.
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Revenue Media Group
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