Jaap van Zweden, music director of the New York Philharmonic, received little over $1.5 million from the organization in the fiscal year ending August 31, 2023, and Deborah Borda, in her last season as CEO, received just over $1.7 million.
Wednesday saw the release of the 2022 tax return for the Philharmonic, which covered the organization’s first season back at David Geffen Hall after undergoing a makeover that cost $550 million.
It was during the previous fiscal year that the orchestra offered a shorter schedule at numerous locations throughout New York City that ticket income increased to $29.76 million, which was a significant increase from the previous year’s $11.18 million. The shift in revenue was caused by a number of causes, including the COVID-19 epidemic and the relocation of the Philharmonic away from Lincoln Center during the restoration process.
During the fiscal year 2022-23, the orchestra reported that it had received contributions totalling $45.3 million for the construction project. This figure represents a decrease from the previous year’s total of $68.8 million. The funding for the Geffen Hall bridge is reported as a liability amounting to $53.7 million.
During the time that encompassed his next-to-last season as music director, Van Zweden’s Bajada Productions was paid a total of $1,525,711, which is an increase from the previous month’s total of $1,128,266 he received. The year 2026-27 will mark Gustavo Dudamel’s appointment as music director, and the year 2025-26 will see him serve as music director designate.
A base remuneration of $1,317,344 was received by Borda, in addition to a bonus of $400,000.
During the fiscal year, Gary Ginstling served as executive director from November until June, then he succeeded Borda on July 1, 2023. During that time, he received a salary of $117,262 and a bonus of $55,000. Surprisingly, Ginstling handed in his resignation during the summer, exactly when Borda came back to supervise a transition team.
Concertmaster Frank Huang received a salary of $361,713 in addition to bonuses totalling $548,139. These figures represent the amount of compensation that was restored from the time of the epidemic.
Additional artists that were included on the list were principal clarinet Anthony McGill ($394,715), principal trumpet Christopher Martin ($255,858 compensation and $326,511 bonus), principal cello Carter Brey ($261,040 additionally $328,319), principal oboe Liang Wang ($253,524 additionally $326,520), and principal trumpet Christopher Martin ($255,858 pay and $326,511 bonus).
