hey ben-ja-men
well, when i lived in melbourne, aus, summer was filled with crazy little bush parties and festivals - merideth, folk-rhythm-life, etc.. but sometimes mates and i would instead head up to a property outside of mansfield, have fun, sit around campfires with drums and guitars and drinks and so forth. over time, we'd have more and more people coming up camping with us that we began to think of actual bands, facilities like porta-potties, generators for pa systems, and how we might be able to fund all this, none of us being high bankrollers.
out of this came m2k (the full title being the 'mansfield free music and marijuana festival of the millennium' or 'mfmmfm' or just 'm2k').
the first year consisted of the usual bunch and a couple more mates of mates, a stage made out of the flat bed of a truck, a couple of amps running off battery power and a band or two. it was pretty minimal, but it was the start.
a few years down the track, we were pre-selling tickets in stores in melbourne, booking decent bands, hiring bloody huge sound systems and trying to avoid dealing with assorted beaurocracy.
to get council approval looked like itd take six months at least, insurance would cost us each of our first born, and then finding secruity.... but officier, its just a private party. and thats what we always called it. a private party on private land. yes, we were selling tickets and food. yes, we didnt know a quarter of the people who had shown up. yes, if someone had broken a leg or drowned in the river or started a bushfire, we were completely uncovered and royally screwed. thankfully, none of these things happened and we all had a bloody good time. (this is in the past tense because since leaving australia, it seems the m2k hasnt quite gotten off the ground each summer - i shall be spanking some arse when i see them next!)
we didnt make a cent financially, but we were breaking even in costs.
we had stress in every part of the organisation of m2k and often during the event, but we also had an awesome time doing it.
burning man gets mentioned off and on in these forums. burning man began as a bunch of mates getting together on a beach one evening and having a good time and burning a statue during the night. its now has near on thirty-thousand participants, a turn-over in the millions $us, full-time staff, property and so on. but it started out just like m2k or whatever it is that you intend. have fun
pi