Current:Home > FinanceVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -AssetTrainer
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
View
Date:2025-04-12 01:19:17
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! (495)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- DirecTV has a new free streaming service coming. Here's what we know
- 'Need a ride?' After Hurricanes Helene and Milton hit this island, he came to help.
- Tigers ready to 'fight and claw' against Guardians in decisive Game 5 of ALDS
- Global Warming Set the Stage for Los Angeles Fires
- Milton caused heavy damage. But some of Florida's famous beaches may have gotten a pass.
- Alfonso Cuarón's 'Disclaimer' is the best TV show of the year: Review
- Fans of Anne Hathaway and Nicholas Galitzine's Idea of You Need This Update
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- NHL tracker: Hurricanes-Lightning game in Tampa postponed due to Hurricane Milton
Ranking
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Rihanna Reveals What Her Signature Scent Really Is
- A $20K reward is offered after a sea lion was fatally shot on a California beach
- If you mute Diddy songs, what about his hits with Mary J. Blige, Mariah, J. Lo and more?
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- In Pacific Northwest, 2 toss-up US House races could determine control of narrowly divided Congress
- Are you prepared or panicked for retirement? Your age may hold the key. | The Excerpt
- Abortion has passed inflation as the top election issue for women under 30, survey finds
Recommendation
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
What to know about this year’s Social Security cost-of-living adjustment
Priscilla Presley’s Ex-Boyfriend Michael Edwards Denies Molesting Lisa Marie Presley When She Was 10
Days of Our Lives Star Drake Hogestyn's Cause of Death Revealed
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Taylor Swift donates $5 million toward hurricane relief efforts
Tampa Bay Avoided the Worst of Milton’s Wrath, But Millions Are Suffering After the Second Hurricane in Two Weeks Raked Florida
Modern Family's Ariel Winter Shares Rare Update on Her Life Outside of Hollywood