Current:Home > MarketsVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -MarketPoint
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
View
Date:2025-04-12 11:32:50
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
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- A Maryland TikToker raised more than $140K for an 82-year-old Walmart worker
- Tom Brady, Justin Timberlake and More Stars Celebrate Father's Day 2023
- A Week After the Pacific Northwest Heat Wave, Study Shows it Was ‘Almost Impossible’ Without Global Warming
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- New York orders Trump companies to pay $1.6M for tax fraud
- Federal safety officials probe Ford Escape doors that open while someone's driving
- Elon Musk takes the witness stand to defend his Tesla buyout tweets
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Supreme Court’s Unusual Decision to Hear a Coal Case Could Deal President Biden’s Climate Plans Another Setback
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Drive-by shooting kills 9-year-old boy playing at his grandma's birthday party
- Warming Trends: Global Warming Means Happier Rattlesnakes, What the Future Holds for Yellowstone and Fire Experts Plead for a Quieter Fourth
- A rocky past haunts the mysterious company behind the Lensa AI photo app
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Rain, flooding continue to slam Northeast: The river was at our doorstep
- The Corvette is going hybrid – and that's making it even faster
- Tori Spelling and Dean McDermott Break Up After 17 Years of Marriage
Recommendation
Woman dies after Singapore family of 3 gets into accident in Taiwan
U.S. hits its debt limit and now risks defaulting on its bills
Watch the Moment Pregnant Kourtney Kardashian and Travis Barker Revealed They're Expecting
Ticketmaster halts sales of tickets to Taylor Swift Eras Tour in France
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Maryland, Virginia Lawmakers Spearhead Drive to Make the Chesapeake Bay a National Recreation Area
Kim Kardashian Reacts to Pregnant Kourtney Kardashian and Travis Barker’s Baby News
In Georgia Senate Race, Warnock Brings a History of Black Faith Leaders’ Environmental Activism