AMERICAN RISK & INSURANCE ASSOC INC Charity Report

Public IRS 990 nonprofit record

AMERICAN RISK & INSURANCE ASSOC INC

EIN 37-0844406 · Mutual & Membership Benefit (Y030)

What they do

ARIA is A SCHOLARLY ASSOCIATION DEVOTED to THE STUDY of and PROMOTION of RISK and INSURANCE ECONOMICS. OUR MEMBERSHIP is COMPRISED of ACADEMICS, SCHOLARS, PROFESSIONALS and INDUSTRY VETERANS. TOGETHER, THROUGH CONFERENCES, PUBLICATIONS, and RECOGNITION, WE ARE A COMMUNITY COMMITTED to PROVIDE for THE MUTUAL ASSOCIATION of PERSONS WITH AN INTEREST to STUDY IN RISK and INSURANCE, to IMPROVE THE PUBLICS UNDERSTANDING of HOW RISK CAN BE MORE EFFECTIVELY MANAGED, and to SUPPORT THE ADOPTION of NEW FINDINGS BY THE RISK MANAGEMENT PROFESSION. ARIA is DEDICATED to THE EXPANSION and IMPROVEMENT of ACADEMIC INSTRUCTION to STUDENTS of RISK MANAGEMENT and INSURANCE, PROVIDING NETWORKING, INFORMATION and SUPPORT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.66%of revenue went to mission work85.8% of expenses · Program services

$116.09spent for every $100 of revenueSpending was higher than revenue this year.

16.44%of revenue went to management and office costs14.2% of expenses

$1.34in assets for every $1 spent this yearSome assets cannot be spent right away.

20.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $84,158 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$522,972

Mission workProgram services$521,17199.66% of revenue85.8% of expenses

ManagementOffice and general costs$85,95916.44% of revenue14.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$607,130116.09% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 85.8% mission · 14.2% management · 0.0% fundraisingTotal expenses: 116.09% of revenue

2024Expense mix: 83.5% mission · 16.5% management · 0.0% fundraisingTotal expenses: 122.99% of revenue

2023Expense mix: 95.4% mission · 4.6% management · 0.0% fundraisingTotal expenses: 124.06% of revenue

2022Expense mix: 92.7% mission · 7.3% management · 0.0% fundraisingTotal expenses: 108.13% of revenue

2021Expense mix: 81.1% mission · 18.9% management · 0.0% fundraisingTotal expenses: 68.38% of revenue

2020Expense mix: 79.0% mission · 21.0% management · 0.0% fundraisingTotal expenses: 77.98% of revenue

2019Expense mix: 87.7% mission · 12.3% management · 0.0% fundraisingTotal expenses: 102.58% of revenue

2018Expense mix: 89.9% mission · 10.1% management · 0.0% fundraisingTotal expenses: 119.01% of revenue

Money in and money out

Revenue$522,972

Expenses$607,130

Annual shortfall $84,158 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$521,171 · 85.8% of expenses

Management and office costs$85,959 · 14.2% of expenses

See all reported dollar amounts

Revenue$522,972

Expenses$607,130

Assets$814,741

Income$522,972

Contributions$104,394

Mission work (program services)$521,171

Management and general$85,959

Stocks and bonds$737,291

Accounting fees$1,150

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (13)

ALEX BRAUNDIRECTOR

ANDRE LIEBENBERGSECOND VP/PROGRAM

ANNETTE HOFMANNDIRECTOR

BENJAMIN COLLIERDIRECTOR

CASSANDRA COLEDIRECTOR

DAVID ECKLESPAST PRESIDENT

FRANK TOMASELLODIRECTOR

KRISTEN BESSETTEDIRECTOR

LAWRENCE POWELLPRESIDENT

MACKENZIE KELLEYEXECUTIVE DIRECTOR

PETRA STEINORTHFIRST VP/TREASURER

STEVE FIERDIRECTOR

XIAO JOYCE LINDIRECTOR

About this charity

Recognized since: January 1965
Location: 400 S 4TH STREET, MINNEAPOLIS, MN 55415-1411
County: Hennepin
In care of: % ANTHONY J BIACCHI EXECUTIVE DIR
Primary officer: LAWRENCE LARS POWELL, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailinfo@aria.org Phone(612) 352-9119

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: CARPENTER EVERT & ASSOCIATES LTD
NTEE classification: Mutual & Membership Benefit (Y030)