Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 36-3756240

SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL

Tax-exempt · VIENNA, VA 22183

Financials

$1.2M$1.2M2021$1.2M$848K2022$984K$1.2M2023$1.4M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,379,944$1,113,775$266,169$931,899$0$931,899
June 30, 2024990$984,244$1,169,297-$185,053$665,730$0$665,730
June 30, 2023990$1,236,191$847,534$388,657$850,783$0$850,783
June 30, 2022990$1,176,363$1,225,336-$48,973$462,126$0$462,126
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,379,944
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$286,205
Other salaries and wages
$132,706
Salaries, compensation and benefits (total)
$678,119
Professional fundraising fees
$0
Accounting fees
$17,862
Occupancy
$32,517
Travel
$13,360
Program services (functional)
$909,353
Management and general (functional)
$131,040
Fundraising (functional)
$73,382

Balance sheet and other

Total assets, start of year
$665,730
Total assets, end of year
$931,899
Total liabilities, end of year
$0
Net assets, end of year
$931,899
Gross receipts
$1,379,944
Employees
2
Volunteers
135
Year formed
1991
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Karen KerriganPresident/Secretary
Trustee or director, Key employee, Highest-paid employee
50$286,206
Grover NorquistTreasurer
Trustee or director, Officer
0.25$0
Richard RahnDirector
Trustee or director, Officer
0.25$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
Karen KerriganPresident/Secretary
Trustee or director, Officer, Key employee, Highest-paid employee
55$326,304
Grover NorquistTreasurer
Trustee or director, Officer
0.25$0
Richard RahnDirector
Trustee or director, Officer
0.25$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
Karen KerriganPresident/Secretary
Trustee or director, Officer, Key employee, Highest-paid employee
50$322,179
Grover NorquistTreasurer
Trustee or director
0.5$0
Richard RahnDirector
Trustee or director
0.5$0
990 for the year ended June 30, 2022: 3 people
NameTitleHours / weekCompensation
Karen KerriganPresident/Secretary
Trustee or director, Officer, Key employee, Highest-paid employee
50$356,831
Grover NorquistTreasurer
Trustee or director, Officer
0.5$0
Richard RahnDirector
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
200 LAWYERS RD NW UNIT 1506, VIENNA, VA 22183-8072
In care of
% BOB MANKIVSKI
Principal officer (990 for 2024)
Karen Kerrigan, 200 Lawyers Road NW, Unit 1506, Vienna, VA 22183
Signed the 990
Karen Kerrigan, President
Phone
(703) 242-5840

Mission

SBE Council works to promote entrepreneurship and protect small business. SBE Council advocates for entrepreneurs and stronger entrepreneurship by encouraging policies, legislative solutions and private-sector initiatives that improve the ecosystem and climate for business startup and growth. SBE Council conducts research and educational campaigns and engages directly with elected and government officials, small business owners and business leaders, educators, the media, and the policy community to achieve these goals. We create and distribute educational content for entrepreneurs and those individuals who want to start businesses to help them succeed in the marketplace, and to become effective advocates for their businesses.

990 for the year ended June 30, 2025

Program accomplishments

  • Advocacy and Outreach: SBE Council's advocacy work focused on advancing policy solutions that addressed the top pain points of small business owners such as inflation, tax complexity and uncertainty, higher borrowing costs and tighter capital access, labor market shortages, growing health care costs, tariff uncertainty, intellectual property (IP) concerns, and regulatory burdens. We continued advocacy efforts and outreach on the benefits of digital tools and artificial intelligence (AI) and the policies that would help small businesses and startups adopt and retain access to free and low-cost tools. SBE Council monitored and commented on 9 significant regulatory initiatives within the federal agencies including proposals at the Department of Labor (DOL) and Federal Trade Commission (FTC), for example - to ensure the regulatory process was being properly followed by federal agencies and small business impacts were properly considered. SBE Council distributed 59 letters to Congress, which addressed legislative solutions in the areas of rightsizing federal rules and compliance, access to capital, affordable choices in health coverage, and taxes and tax certainty. On tax policy, SBE Council played a key role in voicing the benefits of making permanent key tax provisions in the Tax Cuts and Jobs Act that were set to expire - such as the 20% small business deduction (Section 199), lower personal income tax rates, Section 179 expensing, increased exemption on estate taxes - and restoring immediate expensing for research and development and bonus depreciation, among other provisions. These permanent provisions were included in the Working Families Tax Cuts Act, signed into law, which also included SBE Council supported measures related to strengthening health insurance choices, health care access, workforce-related issues and promoting U.S. competitiveness and innovation in a wide range of areas and across diverse industries. Our team communicated regularly with leaders and advisors in the new Administrations team and provided testimony and feedback before Congress on policy reform ideas and solutions to strengthen America's startup ecosystem and workforce. SBE Council engaged small business owners by publishing and distributing 87 policy briefs on the aforementioned issues - which were also distributed to Congress and key audiences in federal agencies and the White House - and kept our list of over 245,000 entrepreneurs and partners informed via our Small Business Insider e-news (52 published and distributed). SBE Council conducted 57 in-person briefings and roundtables on Capitol Hill and with the Administration.
    Expenses $409,208
  • Research & Analysis: SBE Council produced research reports, small business surveys, issue briefs and analysis on issues that helped to keep elected officials, policy leaders in government, entrepreneurs, the media and general public better informed on the importance of entrepreneurship and small businesses to the U.S. economy and how small firms and business creation are impacted by specific policies that are being proposed or advanced. In addition to the regular daily content authored by SBE Council's economic team (147 briefs were produced for the year), various special reports and research included our "Small Business Check Up Survey" (produced quarterly) to better help government officials understand how small businesses were navigating key issues and market events such as inflation, artificial intelligence (AI), workforce shortages, tariffs, uncertainty with regard to expiring tax credits and measures, capital access challenges, and rapid digitization. The "Checkup Survey" produced important and timely data, which played a role in helping lawmakers, policy leaders and the media better understand small business priorities, how they were responding to challenges and current economic and market conditions, their outlook on their own financial performance, emerging tech and digital tools they were using and the measurable benefits, and where they stand on key issues. SBE Council also produced regular updates and analysis on the historic growth in new business applications and small business tech adoption. Our "Small Business Technology Use Survey 2025" reported on their broad use of artificial intelligence (AI) and how that impacted their workforce and competitiveness, and other digital tools and social media platforms demonstrating their embrace of omni-channel strategies and AI to compete with larger players, operate more efficiently, reach more consumers and drive sales, and to innovate. The Technology Use survey helped policymakers better understand the benefits of the technology and served to check the "doom and gloom" outcomes that some were predicting. SBE Council's daily and weekly economic briefs and blog posts helped both small business owners and members of Congress better understand the data and trends produced in regular government economic reports - such as the monthly jobs report, new business applications data, and monthly reports on trade, manufacturing, consumer credit, productivity, consumer confidence, the Federal Reserve Beige Book and durable goods reports. Members of Congress and their staffs, experts within the Administration, federal regulatory agencies and the media regularly sought and utilized our data, reports and analysis for their own reporting or policymaking purposes.
    Expenses $272,806
  • Education: SBE Council published and distributed educational and "how to" content and hosted events to provide startups and small business owners with updates on tools, trends and forces to help them more successfully launch and grow their businesses. SBE Council's "Business Intelligence" tips and trends for entrepreneurs was produced 27 times, along with 57 Small Business Insider blog posts featuring "how to" information, advice and guidance for business owners on topics ranging from market trends, emerging digital tools and social media developments, new tax provisions and changes within the Working Families Tax Cuts, regulatory developments/changes and compliance responsibilities, protecting intellectual property, how small businesses are adopting AI to address various challenges, workforce trends, access to capital developments and changes to various Small Business Administration loan programs, dealing with tariff uncertainty, among other issues. SBE Council's president participated in 27 online webinars and in-person forums on various topics and issues including digital tools, where the economy was headed, the agenda of the new Administration and Congress and the small business impact, intellectual property developments, small business favorable tax provisions included in the Working Families Tax Cuts, and more. SBE Council joined forces with small business allies in a second-annual global entrepreneurship exchange where our president spoke on topics such as the outlook for our global trading system and specifically the U.S.-Mexico-Canada trade agreement, and the adoption of digital tools and what that meant for the future of entrepreneurship. SBE Council continued its strong promotional support of important campaigns such as Small Business Saturday (we are a founding member), the spearheading of World IP Day, National Small Business Week, and Global Entrepreneurship Week. SBE Council social media platforms remained an important vehicle for sharing the range of educational content noted above, which reaches a significant audience. Facebook, Twitter and LinkedIn are used extensively in sharing content and for engaging with business owners and the public. SBE Council's various reports and surveys - for example, our quarterly Small Business Check Up Survey and issue specific surveys such as the Small Business Technology Use Survey 2025 -contain important information that helps the small business community better understand how entrepreneurs and startups are responding to market and policy changes.
    Expenses $181,870
  • Other - Media and Communications: Media and earned media remained an important channel for SBE Council to educate on key issues facing entrepreneurs, the policies and resources that entrepreneurs and small businesses need to compete and succeed, and how small businesses were faring given various uncertainties, new political leadership in Washington, D.C. and market developments. SBE Council utilized a range of media channels and tools to help educate entrepreneurs and the public about the issues and challenges facing small businesses, which helped to build awareness and support for the policies and resources that small businesses need. The media and media platforms remained an invaluable platform for sharing how-to and business intelligence information and SBE Council remained a key resource for the media in providing information and content for their stories and specials. SBE Council communicated with and through the media in a variety of ways - via interviews, radio and television appearances, and through in-person and online events. Our team published 13 Op-Eds, released 44 press releases or statements, participated in 14 podcasts, distributed 52 Small Business Insider e-news reports (which are distributed to the media) and avidly used social media (Twitter, Facebook, LinkedIn) to communicate the results of research, or in support of advocacy efforts.
    Expenses $45,469

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
36-3756240
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$931,899
Income (IRS master file)
$1,379,944

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,379,944$1,113,775$931,899XML
990June 2024$984,244$1,169,297$665,730XML
990June 2023$1,236,191$847,534$850,783XML
990June 2022$1,176,363$1,225,336$462,126XML
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3756240).

Questions about SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL

What is the EIN of SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL?
The employer identification number (EIN) of SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL is 36-3756240.
Is SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1993.
Are donations to SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL?
The 990 for the year ended June 30, 2025 names Karen Kerrigan.
Who are the officers and directors of SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL?
The 990 for the year ended June 30, 2025 lists 3 people; 1 received compensation from the organization, the highest $286,206 (Karen Kerrigan, President/Secretary).
How much revenue does SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,379,944, expenses of $1,113,775 and total assets of $931,899 at year end.

Other nonprofits in VIENNA

All nonprofits in VIENNA · Virginia