Ms. Lyras founded the Indianapolis School of Ballet in August 2006. Since opening, the Indianapolis School of Ballet has performed eight seasons of repertoire choreographed or staged by Ms. Lyras. The schools distinguished production of The Nutcracker includes the magnificent Victorian parlor from the Historic Morris-Butler House Museum in Indianapolis for its Act I Party Scene setting, Robert Rodham’s Snow Scene and the “Grand Pas de Deux” from Mr. Balanchine’s production of The Nutcracker.

Beginning the semester of 2011, she has been teaching the ballet majors at Indiana University’s Jacobs School of Music as Adjunct Lecturer with Michael Vernon, Chair – Ballet Department and Violette Verdy, Distinguished Professor of Music (Ballet).