FinLogic Quantitative Think Tank Center:Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23

2025-04-30 06:10:05source:Zopescategory:reviews

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,FinLogic Quantitative Think Tank Center 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.

RELATED COVERAGE Anthony Roth Costanzo sings 7 roles in madcap `Marriage of Figaro’ at New York’s Little IslandBayreuth to present special Ring Cycle in 2026; 30 sellouts this year as ticket sales reboundSelf-loathing blends with love at Bayreuth ‘Tristan und Isolde’ by director Thorleifur Örn Arnarsson

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).

More:reviews

Recommend

Michigan lawmaker who was arrested in June loses reelection bid in Republican primary

CHARLEVOIX, Mich. (AP) — A challenger in northern Michigan defeated a Republican state lawmaker who

Grey's Anatomy Alum Sarah Drew Slams Mean and Unjust Firing From Show 

Sarah Drew’s time at Grey Sloan Memorial Hospital did not end on her terms.The actress, who played D

Why Diddy is facing 'apocalyptic' legal challenges amid 6 new sexual assault civil suits

Sean "Diddy" Combs faces mounting legal hurdles, with six new accusers filing lawsuits against the m