Sorry I am getting back so late on your question and perhaps your party has already come and gone but to answer your question masquerade ball themes can use any color of your choice. I think dark purple, black and silver sounds ideal for a more modern look! If you can have them handmade pretty cheap, then go that route. Dress Shop is whom we recommend if you choose to shop online. They are trustworthy and get their orders out quickly.

If you want to save money, then definitely look into painting your own masquerade masks. You can order unfinished masks online and then get your supplies from a local craft store to detail them. You may want to order 2 masks in case you really mess one up.

Since you want to do a masquerade theme you simply should have a venue that offers a dance floor. That’s the main highlight of a masquerade ball, to dance with masks on and not be quite sure of whom is whom. So I would go for a venue that has a decent dance floor space. If you are looking to save some money, look into renting out a community center. they would be a cheaper alternative to a hotel ball room or even renting out a resturant.