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I can give some input to this. I have book artists for concerts, and produced the concert. A word of advice, this cost is not always as it seems. The artist(s) may have a fee of $1300 to appear, but the production cost can easily double it. Look at the contract, before you sign it. Read the Rider Clauses that are written into it. The artist may want a sound system that is very different from what to school has. If says in the contract that you are to provided back line, make sure you can obtain those items. Look for a transportation clause. You may have to feed the band, build that into the budget. If you can book a band during the week, and between major venues, that can help save money. When doing set up, don't depend on all the people who sign up to help. I have had chapters sign up to help, and then none of them show up.
Payment is another thing. The terms of payment are sometimes in the contract, sometimes they are not. Everything in the contract is negotiable.
I know Alpha Omicron Pi and Kappa Alpha at Western Kentucky University did a fundraising concert a few years ago. Contact those chapters to see what they did.
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