NEW YORK– 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 just over $1.7 million in her final season as CEO.
The Philharmonic on Wednesday released its 2022 tax returns, which cover its first season in David Geffen Hall after a $550 million renovation.
Ticket revenues recovered to $29.76 million from $11.18 million in the previous fiscal year, as the orchestra presented a reduced schedule at several New York City venues. The COVID-19 pandemic and the Philharmonic’s move from Lincoln Center during reconstruction were factors in the revenue shift.
In its annual report, the orchestra said it received $45.3 million in contributions for the construction project in 2022-2023, compared to $68.8 million in 2021-2022. A liability of $53.7 million is listed for financing the Geffen Hall Bridge.
Van Zweden’s Bajada Productions received $1,525,711 in a period spanning his penultimate season as music director, up from $1,128,266 in 2021-2022. Gustavo Dudamel will become music director in 2026-2027 and will hold the position of music director in 2025-2026.
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, accounting for recovered wages during the pandemic.
Other musicians mentioned included solo trumpet Christopher Martin ($255,858 pay and $326,511 bonus), solo cello Carter Brey ($261,040 plus $328,319), solo oboe Liang Wang ($253,524 plus $326,520) and solo clarinet Anthony McGill ($394,715).
