Current:Home > InvestVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -OceanicInvest
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
View
Date:2025-04-16 04:19:17
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! (1)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- 11 players you need to know for Euro 2024, from Mbappé to Kvaratskhelia
- The world could soon see a massive oil glut. Here's why.
- Pamela Smart accepts responsibility in plotting 1990 murder of husband with teen lover
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat
- Drug-resistant dual mutant flu strains now being tracked in U.S., CDC says
- Pinehurst stands apart as a US Open test because of the greens
- Bodycam footage shows high
- EPA orders the Air Force, Arizona National Guard to clean up groundwater contamination
Ranking
- Could your smelly farts help science?
- Sony Pictures acquires Alamo Drafthouse Cinema, the dine-in movie theater chain
- Newly deciphered manuscript is oldest written record of Jesus Christ's childhood, experts say
- New Jersey’s top federal prosecutor testifies for government in Sen. Bob Menendez prosecution
- Senate begins final push to expand Social Security benefits for millions of people
- Political leaders condemn protest at Nova exhibit in NYC as repulsive and vile
- Kendra Wilkinson Shares Rare Family Photo With Kids Hank and Alijah
- Ariana Madix Bares Her Abs in Risqué Gold Cutout Dress for Love Island USA Hosting Debut
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Social Security COLA estimate dips, but seniors remain in a hole. Here's why.
South Baltimore Communities Press City, State Regulators for Stricter Pollution Controls on Coal Export Operations
GOP women who helped defeat a near-total abortion ban are losing reelection in South Carolina
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Andy Cohen Addresses Ongoing Feud With This Real Housewives Alum
Orson Merrick continues to be optimistic about the investment opportunities in the US stock software sector in 2024 and recommends investors actively seize the opportunity for corrections.
Four Tops singer sues Michigan hospital for racial discrimination, says they didn't believe his identity
Like
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Blue Cross of North Carolina Decided Against an Employee Screening of a Documentary That Links the State’s Massive Hog Farms to Public Health Ills
- Historically Black Coconut Grove nurtured young athletes. Now that legacy is under threat