Current:Home > ContactVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -Mastery Money Tools
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
View
Date:2025-04-23 23:14:32
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! (77278)
Related
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Dozens indicted on Georgia racketeering charges related to ‘Stop Cop City’ movement appear in court
- 8 simple things you can do to protect yourself from getting scammed
- Trial date set for man accused of killing still-missing Ole Miss student
- The Daily Money: Spending more on holiday travel?
- Ohio is the lone state deciding an abortion-rights question Tuesday, providing hints for 2024 races
- Ex-gang leader to get date for murder trial stemming from 1996 killing of Tupac Shakur
- Rashida Tlaib defends pro-Palestinian video as rift among Michigan Democrats widens over war
- 'We're reborn!' Gazans express joy at returning home to north
- Broadcast, audio companies will be eligible for Pulitzer Prizes, for work on digital sites
Ranking
- Trump's 'stop
- Chinese imports rise in October while exports fall for 6th straight month
- Shohei Ohtani among seven to get qualifying offers, 169 free agents hit the market
- Bronny James, Zach Edey among 10 players to know for the 2023-24 college basketball season
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- 100 hilarious Thanksgiving jokes your family and friends will gobble up this year
- Golden State Warriors to host 2025 NBA All-Star Game at Chase Center
- Cardinals QB Kyler Murray in line to be activated and start Sunday vs. Falcons
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Daniel Jones injury updates: Giants QB out for season with torn ACL
Special counsel in Hunter Biden case to testify before lawmakers in ‘unprecedented step’
Baltimore City, Maryland Department of the Environment Settle Lawsuits Over City-Operated Sewage Treatment Plants
What to watch: O Jolie night
Trial date set for man accused of killing still-missing Ole Miss student
Thanksgiving meals to-go: Where to pre-order your family dinner
Charlie Adelson found guilty in 2014 murder-for-hire killing of Dan Markel