New York Philharmonic Releases 2022 Tax Returns
By Francisco SalazarThe New York Philharmonic has released its 2022 Tax returns, which covers the first season back at David Geffen Hall.
The returns noted that the orchestra’s ticket revenue went up to $29.76 million from $11.18 million in the prior fiscal year when the orchestra was forced to present a shorter schedule and performed at several New York venues.
The returns also revealed that the orchestra received $45.3 million in contributions for the construction project during 2022-23, down from $68.8 million in 2021-22.
The tax returns also saw Music Director Jaap Van Zweden earn $1,525,711 in a period that covered his next-to-last season as music director. CEO Deborah Borda earned $1,317,344 in base compensation and a $400,000 bonus.
Other top earners included Gary Ginstling with a salary of $117,262 and a $55,000 bonus and concertmaster Frank Huang with a $361,713 salary plus a $548,139 bonus.
The New York Philharmonic is set to open its 2024-25 season later in September and will spend a season with no Music Director as Gustavo Dudamel is set to take up his new position during the 2025-26 season. The orchestra also enters the season with no CEO or President as Ginstling resigned earlier this summer.