Current:Home > StocksVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -AssetScope
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
View
Date:2025-04-12 07:24:16
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! (5429)
Related
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Amidst streaming chaos, Dropout carves out its own niche
- $1.1 billion solar panel manufacturing facility planned for Louisiana’s Iberia Parish
- Some 3,000 miles from Oakland, A's fans' 'Summer of Sell' finds another home
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Lenny Wilkens tells how Magic Johnson incited Michael Jordan during lazy Dream Team practice
- California judge who’s charged with murder texted court staff that he shot his wife, prosecutors say
- California hiker falls to death in Wyoming’s Grand Teton National Park
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Journalist group changes its name to the Indigenous Journalists Association to be more inclusive
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Lawsuit targets Wisconsin legislative districts resembling Swiss cheese
- In 'Red, White & Royal Blue,' a director centers true queer intimacy on screen
- DNA analysis helps identify remains of WWII veteran shot down during bombing mission
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Vanderpump Rules' Tom Sandoval Breaks Silence on Rumored New Girl Tii
- Madonna Celebrates Son Rocco’s Birthday With Heartfelt Tribute
- Maui fires caught residents off guard as evacuees say they didn't get warnings about blazes that have killed dozens
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Dwyane Wade shares secret of his post-NBA success on eve of Hall of Fame induction
Illinois doctor arrested after allegedly recording female employees using the restroom
Big Brother contestant Luke Valentine removed from house after using N-word on camera
This was the average Social Security benefit in 2004, and here's what it is now
Trump’s Iowa state fair spectacle clouds DeSantis as former president is joined by Florida officials
Searching for the missing on Maui, some wait in agony to make contact. And then the phone rings.
Lt. Gov. Sheila Oliver remembered in a memorial service as fighter for those in need