Carnegie Hall - Finances

Finances

The hall's operating budget for the 2008–2009 season was $84 million. For 2007–2008, operating costs exceeded revenues from operations by $40.2 million. With funding from donors, investment income and government grants, the hall ended that season with $1.9 million more in total revenues than total costs.

The hall's employee who oversees props was paid $530,000 in salary and benefits during the fiscal year that ended in June 2008. The four other members of the full-time stage crew—two carpenters and two electricians—had an average income of $430,000 during that period. By comparison, the top highest paid non-union employees were the Artistic and Executive Director, Clive Gillinson, who was paid $946,000 in salary and benefits; the Chief Financial Officer, at $352,000, and the General Manager, at $341,000.