Wine and Dine in the Stick Shed organisers will convene soon, to decide what needs to be done to bring the festival back.
Dozens attended the inaugural event in Murtoa on Saturday, which has been hailed as a success.
Murtoa Events committee member Mikaela Reading said the organisation had been overwhelmed with positive feedback from attendees, and were very pleased with the outcome.
"We are thankful to the Murtoa Progress Association, The Stick Shed Committee, our sponsors, our four chefs, our volunteer waitstaff and everyone else who helped us along the way in making this event such a brilliant success," she said.
"So far, all of our energy has been spent establishing the very first event and we did not plan much beyond Saturday March.
"Now that this has occurred, we will meet in the near future to make decisions around Wine & Dine in the Stick Shed beyond 2019."
Stick Shed committee secretary David Grigg said he would love to see the shed used for functions more often.
"At the moment, we are using all our resources to publicise it as a tourist attraction, but if any entrepreneurs want to approach us, we are open to ideas," he said.
"We have an application into Arts Victoria in conjunction with a Natimuk arts company for a sound and light show later this year."