Financial health has allowed the orchestra to raise its artistic profile, hiring new music director Jahja Ling and eight new principal players. Musicians' salaries have risen from an average of $29,400 a year ago to $44,000.
Executive director Edward Gill told the paper that much of the surplus could be attributed to a successful fundraising campaign.
Lileana Blain-Cruz directs the new production, opening April 23.
The Cuban-born composer is this season's Debs Composer's Chair.
The cast is led by Bryonha Marie and Nathan Gunn, with Tony winner Ted Sperling at the baton.
The season, opening September 21, will include 58 ballets across 21 weeks of performances.
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