Condenser mics are relatively sensitive to humidity. Their capacitance changes in very humid circumstances and the circuit can begin to oscillate. In a worse case scenario you can discover a high pitched whine persists until everything drys out.
The impedance of a condenser capsule is so high that the voltage it produces will look for alternative paths to travel towards ground. If the capsule gets a little moisture built up on the Mylar and the diaphragm ring, the electric current can crawl across the insulation and the result will be the sound of crackles and pops.
The capsule is polarized with a supply voltage. A 48vDC phantom system may even use a voltage step up for the capsule. The capsule is polarized at 48vDC and maybe up to 120vDC. If the moisture builds up enough you can end up shorting out the circuit and this may result in damage that requires a repair.
I've found myself using condenser mics (covered in thick fluffy windscreens) in the pouring rain with out failure, but it is never something that should be done casually as it could end up costing lots of money.
As a side note, I once worked a stage at a music festival where it rained for one set and then it got extremely humid. We were using an old monitor mixer that had global phantom power rather than specific per channel switches. We had many dynamic mics (SM58) that were seeing 48vDC and seven of those dynamic mics died do to shorting that day. Shure said they have rarely seen anything like it when they repaired them for us.
Moisture and microphones is not a real good combination.
Glad you survived and had fun with the music. :-)