01/03/2013 11:07 am ET Updated Mar 05, 2013

6 Ways The Fiscal Cliff Deal Will Impact The Art World

Last night, the House of Representatives finally voted to pass a measure ending the "fiscal cliff" battle. A failure to reach accord threatened to impose a sudden tax hike for Americans across the board, but also to gouge funding for nonprofits, so-called "entitlement" programs, and cultural organizations. In the end, Democrats and Republicans both made concessions, and the results promise to affect arts organzations in a variety of ways. Here's a look at six aspects of the deal that will impact the art world, for better or worse:

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