‘Myeongju Nongak’, which is handed down in Myeongju-ri, Bukan-myeon, Yeongcheon-si, Gyeongsangbuk-do, has not been discussed in academia. This study investigated the musical and cultural value of Myeongju Nongak by tracing its origin and transmission genealogy and by illuminating its performance and musical characteristics restored with the support of the Yeongcheon Cultural Center. The finding of the study are as follows. First, in order to trace the origin of Myeongju Nongak, it is necessary to conduct historical research along with the relics of the village. However, there is enough room to trace its origins in that Myeongju Nongak originated from ‘Daeboreum Gut,’ which not only announces the full-fledged start of the year on the first month of the lunar year but also prays for the well-being and prosperity of the village. Second, Myeongju Nongak, as a music culture and a folk play that represents Yeongcheon-si, has excellent value, although the preservation of records of its transmission and genealogy is somewhat insufficient. Third, Myeongju Nongak is a typical ‘Dure Nongak’ that includes a series of annual agricultural processes, starting from Dangje, and has value for preservation and transmission as a local cultural property. Fourth, Myeongju Nongak has a singularity that distinguishes it from other regions as unique folk music terminology such as ‘jilsoe [jilgutgarak]’, ‘talsoe [jajinmori]’, and ‘chumsoe [gutgeori]’ are handed down as the names of soegarak. Myeongju Nongak has a typical feature of Nongak in the southeastern region of Gyeongsangbuk-do. When looking at the composition and musical content of Myeongju Nongak originated from the tradition of Danggut(shamanic shrine rituals), the tradition and locality in the traditional agricultural society stand out. The fact that Myeongju Nongak can give a glimpse into the life and culture of the traditional agricultural society is a precious value as a traditional cultural heritage of Myeongju Nongak.