I found this on the web:
Levine was top-paid conductor in US 2005/6 with US$3.5m
Kurt Masur, then conductor of the New York Philharmonic, drew a salary of $1.51 million (U.S.).
The following which I thought would be of general interest was taken from the web site of U.S. Department of Labour, Bureau of Labour Statistics
http://www.bls.gov/oco/ocos095.htm updated Dec 2007
Median hourly earnings of wage-and-salary musicians and singers were $19.73 in May 2006. The middle 50 percent earned between $10.81 and $36.55. The lowest 10 percent earned less than $7.08, and the highest 10 percent earned more than $57.37. Median hourly earnings were $23.37 in performing arts companies and $13.57 in religious organizations. Annual earnings data for musicians and singers were not available because of the wide variation in the number of hours worked by musicians and singers and the short-term nature of many jobs. It is rare for musicians and singers to have guaranteed employment that exceeds 3 to 6 months.
Median annual earnings of salaried music directors and composers were $39,750 in May 2006. The middle 50 percent earned between $23,660 and $60,350. The lowest 10 percent earned less than $15,210, and the highest 10 percent earned more than $110,850.
The thing to bear in mind is that only a few have full time employment