Current:Home > ContactVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -WealthMindset Learning
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
View
Date:2025-04-13 09:30:02
NEW YORK (AP) — Music director Jaap van Zweden earned just over $1.5 million from the New York Philharmonic in the fiscal year ending Aug. 31, 2023, and Deborah Borda received slightly more than $1.7 million in her final season as CEO.
The Philharmonic released its 2022 tax return Wednesday, covering its first season back at David Geffen Hall following a $550 million renovation.
Ticket revenue rebounded to $29.76 million from $11.18 million in the prior fiscal year, when the orchestra presented a shortened schedule at several venues around New York City. The COVID-19 pandemic and the Philharmonic’s move away from Lincoln Center during reconstruction were factors in the shift in revenue.
In its annual report, the orchestra said it received $45.3 million in contributions for the construction project during 2022-23, down from $68.8 million in 2021-22. A $53.7 million liability is listed for Geffen Hall bridge funding.
Van Zweden’s Bajada Productions was paid $1,525,711 in a period that covered his next-to-last season as music director, an increase from $1,128,266 in 2021-22. Gustavo Dudamel becomes music director in 2026-27 and will serve as music director designate in 2025-26.
Borda earned $1,317,344 in base compensation and a $400,000 bonus.
Gary Ginstling earned $117,262 in salary and a $55,000 bonus during the fiscal year, when he served as executive director from November through June before succeeding Borda on July 1, 2023. Ginstling surprisingly resigned this summer, when Borda returned to lead a transition team.
Concertmaster Frank Huang earned $361,713 in salary plus $548,139 in bonuses, which account for restored pay from during the pandemic.
Other musicians listed included principal trumpet Christopher Martin ($255,858 pay and $326,511 bonus), principal cello Carter Brey ($261,040 plus $328,319), principal oboe Liang Wang ($253,524 plus $326,520) and principal clarinet Anthony McGill ($394,715).
veryGood! (149)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- US Army resumes process to remove Confederate memorial at Arlington National Cemetery
- New York City’s teachers union sues Mayor Eric Adams over steep cuts to public schools
- Green River Killer victim identified as Lori Razpotnik 41 years after she went missing
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- A wildcat strike shuts down English Channel rail services, causing misery for Christmas travelers
- Paul Giamatti set to receive Icon Award for 'The Holdovers' role at Palm Springs film festival
- An Alabama Landfill Has Repeatedly Violated State Environmental Laws. State Regulators Waited Almost 20 Years to Crackdown
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Kelly Clarkson says her dogs helped her with grief of divorce, wants to 'work on me' now
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Once a satirical conspiracy theory, bird drones could soon be a reality
- Grammy nominee Gracie Abrams makes music that unites strangers — and has Taylor Swift calling
- New contract for public school teachers in Nevada’s most populous county after arbitration used
- Trump's 'stop
- An Alabama Landfill Has Repeatedly Violated State Environmental Laws. State Regulators Waited Almost 20 Years to Crackdown
- Could Colorado lose commitment from top offensive lineman? The latest on Jordan Seaton
- Kelly Clarkson says her dogs helped her with grief of divorce, wants to 'work on me' now
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Paul Finebaum calls Michigan football's Jim Harbaugh a 'dinosaur in a changing world'
Turkish central bank raises interest rate 42.5% to combat high inflation
New contract for public school teachers in Nevada’s most populous county after arbitration used
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Grammy nominee Gracie Abrams makes music that unites strangers — and has Taylor Swift calling
Mississippi’s State Board of Education names new superintendent
Albania’s parliament lifts the legal immunity of former prime minister Sali Berisha