Current:Home > MarketsVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -Wealth Evolution Experts
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
View
Date:2025-04-14 18:54:29
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! (3)
Related
- Stamford Road collision sends motorcyclist flying; driver arrested
- Mass shooting in St. Louis leaves 1 juvenile dead, 9 injured, police say
- 146 dogs found dead in home of Ohio dog shelter's founding operator
- Ulta 24-Hour Flash Deal: Save 50% On the L’Ange Rotating Curling Iron That Does All the Work for You
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- What's the origin of the long-ago Swahili civilization? Genes offer a revealing answer
- 'Ghost villages' of the Himalayas foreshadow a changing India
- Keystone XL: Low Oil Prices, Tar Sands Pullout Could Kill Pipeline Plan
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Nick Cannon Reveals Which of His Children He Spends the Most Time With
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Mass shooting in St. Louis leaves 1 juvenile dead, 9 injured, police say
- Jersey Shore's Angelina Pivarnick Reveals Why She Won't Have Bridesmaids in Upcoming Wedding
- Dua Lipa and Boyfriend Romain Gavras Make Their Red Carpet Debut as a Couple at Cannes
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Don’t Miss This $65 Deal on $142 Worth of Peter Thomas Roth Anti-Aging Skincare Products
- Julian Sands' cause of death ruled 'undetermined' one month after remains were found
- Joy-Anna Duggar Gives Birth, Welcomes New Baby With Austin Forsyth
Recommendation
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
These Amazon Travel Essentials Will Help You Stick To Your Daily Routine on Vacation
'You forget to eat': How Ozempic went from diabetes medicine to blockbuster diet drug
U.S. appeals court preserves partial access to abortion pill, but with tighter rules
Trump wants to turn the clock on daylight saving time
Get $148 J.Crew Jeans for $19, a $118 Dress for $28 and More Mind-Blowing Deals
Jersey Shore's Angelina Pivarnick Reveals Why She Won't Have Bridesmaids in Upcoming Wedding
Ticks! Ick! The latest science on the red meat allergy caused by some tick bites