Purchase a program such as Bingo Card Creator or use the Card Creator free trial. Tools for Educators and Print-Bingo provide free templates and can generate bingo cards with numbers, predetermined word lists, your own word lists, or completely blank grids.
Make a word list with a minimum of 24 words. Traditional bingo cards use numbers 1 through 75 and include a free space. Any list with at least 24 words--25 without a free space--will suffice. The more words or terms you use, the more difficult your game will be, making it last longer.
Purchase cardstock or heavy paper for printing the bingo cards. Patterned paper in a music theme or simple colored paper will add a decorative flair to the cards, but plain white paper may be more readable. Compare different types of paper with sizes of bingo cards--a full-sheet bingo card, because the text will be bigger, may work better on printed paper than will a small bingo card.
Create a 5-square by 5-square grid using the Card Creator, templates, or editing software. This can be done using "Draw table" or a similar function. You may want to change the border of the grid to make it darker, thicker, or patterned.
Fill the squares with terms from your word list. You might use musical terminology, genres, songs, types of dances, or a list of instruments. You could also use recording artists, particularly those from a specific studio or record label.