Famous for being a transient, temporary dance party in the Nevada desert, Burning Man just became permanent.

Burning Man Project, the SF-based nonprofit that organizes the annual desert festival, announced Tuesday morning that they have officially acquired a 3,800-acre property called Fly Ranch in northern Nevada. About 10 miles northwest of Black Rock City, Fly Ranch was purchased for $6.5 million dollars using the anonymous donations of an unknown number of burners.

According to the Burning Man blog, the non-profit intends to use Fly Ranch year-round to "expand Burning Man activities and existing programs, as well as amplify Burning Man's cultural impact into the wider world." The summer festival will not move to the new location, but will continue to be held at Black Rock City.

Fly Ranch features a varied and extreme natural landscape. In addition to Fly Geyser, the area boasts 640 acres of wetlands, dozens of natural spring-water pools ranging in temperature, sagebrush-grasslands, and a small area of playa that opens onto the Hualapai Flat.

Acquiring Fly Ranch is the culmination of long-held plans for the organization. The festival was held there in 1997 and organizers have had interest in the land since at least 2009. Although Burning Man's organizers are a long way from defining exactly what will happen at Fly Ranch, don't be surprised when your neighbors pack up their costume boxes and head to the desert multiple times a year.

Check out this video for a visual introduction to Fly Ranch: