Current:Home > ScamsVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -NextFrontier Finance
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-10 05:56:28
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! (47)
Related
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Jimmy McCain, a son of the late Arizona senator, registers as a Democrat and backs Harris
- When are the 2024 Emmy Awards? Date, nominees, hosts, how to watch
- Proof Christina Hall and Ex Ant Anstead Are on Better Terms After Custody Battle
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Underwater tunnel to Manhattan leaks after contractor accidentally drills through it
- Debate Flares Over Texas’ Proposed Oil and Gas Waste Rule
- Americans who have a job are feeling secure. Not so for many who are looking for one
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Surfer Carissa Moore was pregnant competing in Paris Olympics
Ranking
- Meta releases AI model to enhance Metaverse experience
- What Would Summer House's Jesse Solomon Do on a Date? He Says...
- American Jessica Pegula rips No. 1 Iga Swiatek, advances to US Open semifinals
- Love Is Blind's Shaina Hurley Shares She Was Diagnosed With Cancer While Pregnant
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Horoscopes Today, September 4, 2024
- Michael Keaton explains how Jenna Ortega made new 'Beetlejuice' movie happen
- Police exchange fire and shoot an armed man near a museum and the Israeli Consulate in Munich
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Jury selection will begin in Hunter Biden’s tax trial months after his gun conviction
Donald Trump’s youngest son has enrolled at New York University
Olympian Rebecca Cheptegei Dead at 33 After Being Set on Fire in Gasoline Attack
What to watch: O Jolie night
Woman who 'blacked out from drinking 6 beers' accused of stealing casket with body inside
Ultra swimmer abandons attempt to cross Lake Michigan again
A utility investigated but didn’t find a gas leak before a fatal Maryland house explosion