Current:Home > InvestVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -MoneyBase
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
View
Date:2025-04-17 14:02:54
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
- Nevada attorney general revives 2020 fake electors case
- China Just Entered a Major International Climate Agreement. Now Comes the Hard Part
- How Buying A Home Became A Key Way To Build Wealth In America
- Peloton agrees to pay a $19 million fine for delay in disclosing treadmill defects
- Trump invites nearly all federal workers to quit now, get paid through September
- One of the world's oldest endangered giraffes in captivity, 31-year-old Twiga, dies at Texas zoo
- New York opens its first legal recreational marijuana dispensary
- Long Island Medium Star Theresa Caputo’s Son Larry Caputo Jr. Marries Leah Munch in Italy
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Today's Al Roker Reflects on Health Scares in Emotional Father's Day Tribute
Ranking
- Meta releases AI model to enhance Metaverse experience
- Billions in NIH grants could be jeopardized by appointments snafu, Republicans say
- Cultivated meat: Lab-grown meat without killing animals
- NOAA’s ‘New Normals’ Climate Data Raises Questions About What’s Normal
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- 'It's like gold': Onions now cost more than meat in the Philippines
- Peloton agrees to pay a $19 million fine for delay in disclosing treadmill defects
- How Tom Holland Really Feels About His Iconic Umbrella Performance 6 Years Later
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Lady Gaga Shares Update on Why She’s Been “So Private” Lately
New Arctic Council Reports Underline the Growing Concerns About the Health and Climate Impacts of Polar Air Pollution
How Buying A Home Became A Key Way To Build Wealth In America
Trump issues order to ban transgender troops from serving openly in the military
The U.S. job market is still healthy, but it's slowing down as recession fears mount
Inside Clean Energy: The Case for Optimism
People in Tokyo wait in line 3 hours for a taste of these Japanese rice balls