Current:Home > InvestVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -PrimeWealth Guides
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
View
Date:2025-04-20 14:09:23
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! (72)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- Interactive: Superfund Sites Vulnerable to Climate Change
- Droughts That Start Over the Ocean? They’re Often Worse Than Those That Form Over Land
- The Society of Professional Journalists Recognizes “American Climate” for Distinguished Reporting
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- With an All-Hands-on-Deck International Summit, Biden Signals the US is Ready to Lead the World on Climate
- Biden’s Climate Credibility May Hinge on Whether He Makes Good on U.S. Financial Commitments to Developing Nations
- Chris Hemsworth Reacts to Scorsese and Tarantino's Super Depressing Criticism of Marvel Movies
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- This Is the Only Lip Product You Need in Your Bag This Summer
Ranking
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Rumer Willis Recalls Breaking Her Own Water While Giving Birth to Baby Girl
- Ice Storm Aftermath: More Climate Extremes Ahead for Galveston
- Jennie Ruby Jane Shares Insight Into Bond With The Idol Co-Star Lily-Rose Depp
- Meta donates $1 million to Trump’s inauguration fund
- New Study Shows a Vicious Circle of Climate Change Building on Thickening Layers of Warm Ocean Water
- An Unusual Coalition of Environmental and Industry Groups Is Calling on the EPA to Quickly Phase Out Super-Polluting Refrigerants
- Keystone Pipeline Spills 383,000 Gallons of Oil into North Dakota Wetlands
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Read full text of Supreme Court student loan forgiveness decision striking down Biden's debt cancellation plan
Chris Hemsworth Reacts to Scorsese and Tarantino's Super Depressing Criticism of Marvel Movies
Droughts That Start Over the Ocean? They’re Often Worse Than Those That Form Over Land
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Indiana Supreme Court ruled near-total abortion ban can take effect
4 dead after small plane crashes near South Carolina golf course
Taylor Taranto, Jan. 6 defendant arrested with 2 guns and machete near Obama's D.C. home, to remain detained