Current:Home > FinanceVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -Wealthify
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
View
Date:2025-04-16 17:21:35
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! (237)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Ray Lewis' Son Ray Lewis III Laid to Rest in Private Funeral
- Lawmakers are split on how to respond to the recent bank failures
- Who are the Hunter Biden IRS whistleblowers? Joseph Ziegler, Gary Shapley testify at investigation hearings
- Arkansas State Police probe death of woman found after officer
- Angela Bassett Is Finally Getting Her Oscar: All the Award-Worthy Details
- Inside Clean Energy: Well That Was Fast: Volkswagen Quickly Catching Up to Tesla
- NASCAR Star Jimmie Johnson's 11-Year-Old Nephew & In-Laws Dead in Apparent Murder-Suicide
- North Carolina justices rule for restaurants in COVID
- Fish on Valium: A Multitude of Prescription Drugs Are Contaminating Florida’s Waterways and Marine Life
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- 'I'M BACK!' Trump posts on Facebook, YouTube for first time in two years
- Lewis Capaldi Taking Break From Touring Amid Journey With Tourette Syndrome
- One killed after gunfire erupts in Florida Walmart
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Starbucks accidentally sends your order is ready alerts to app users
- Over 60,000 Amazon Shoppers Love This Easy-Breezy Summer Dress That's on Sale for $25
- By 2050, 200 Million Climate Refugees May Have Fled Their Homes. But International Laws Offer Them Little Protection
Recommendation
All That You Wanted to Know About She’s All That
Inside Clean Energy: Denmark Makes the Most of its Brief Moment at the Climate Summit
Judge to decide in April whether to delay prison for Theranos founder Elizabeth Holmes
Why car prices are still so high — and why they are unlikely to fall anytime soon
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Legal dispute facing Texan ‘Sassy Trucker’ in Dubai shows the limits of speech in UAE
What happens to the body in extreme heat? Experts explain the heat wave's dangerous impact.
Lawmakers are split on how to respond to the recent bank failures