Prophecy Fest takes place in a natural cave formed in Stone Age – Balver Höhle. According to Germanic Saga, the blacksmith Wieland had his workshop in the cave. Balve, Germany, is situated in the center of Germany between Dortmund, Cologne, Frankfurt and Hannover.

Prophecy Fest was founded in 2015 by Martin Koller as a live event based upon the spirit and bands from the label Prophecy Productions. His declared aim was to offer friends and community that had evolved around the label a fest in the vein of a “family gathering”. This singular event for dark and innovative music has mostly taken place in the Balver Kulturhöhle (“Balve culture cave”) in the Hönnetal (“Valley of Hönne”) near the town of Balve in the Sauerland region of the German state of North Rhine-Westphalia. One edition was held in the USA. Already the first edition in Balve was sold out.