The Employment Policies Institute is one of several front groups created by Berman & Co., a Washington, DC public affairs firm owned by Rick Berman, who lobbies for the restaurant, hotel, alcoholic beverage and tobacco industries. EPI, registered as a 501(c)(3) tax-exempt organization, has has been widely quoted in news stories regarding minimum wage issues, and although a few of those stories have correctly described it as a "think tank financed by business," most stories fail to provide any identification that would enable readers to identify the vested interests behind its pronouncements. Instead, it is usually described exactly the way it describes itself, as a "non-profit research organization dedicated to studying public policy issues surrounding employment growth" that "focuses on issues that affect entry-level employment." In reality, EPI's mission is to keep the minimum wage low so Berman's clients can continue to pay their workers as little as possible.
EPI also owns the internet domain names to MinimumWage.com and LivingWage.com, a website that attempts to portray the idea of a living wage for workers as some kind of insidious conspiracy. "Living wage activists want nothing less than a national living wage," it warns (as though there is something wrong with paying employees enough that they can afford to eat and pay rent).
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EPI's IRS Form 990 for the year 2000 shows $1,163,248 in income for the year, most of which ($940,593) came from 17 anonymous donors. Of that amount, $717,812 went to Berman & Co. for "management services," and another $165,766 in salary and benefits went personally to Rick Berman. Comparable figures appear in EPI's Form 990 for previous years.
According to the Right Guide, funders of EPI have included the John M. Olin Foundation and the Claude R. Lamb Charitable Foundation.
http://www.sourcewatch.org/index.php?title=Employment_Policies_Institute