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Nonprofiteer
← AMERICAN RISK & INSURANCE ASSN INC

Form 990 for tax year 2024

Filed by AMERICAN RISK & INSURANCE ASSN INC.

Totals

Total revenue
$456,068
Total expenses
$560,897
Contributions and grants received
$75,181
Grants paid
$34,923
Program service revenue
$336,637
Investment income
$38,746
Other revenue
$5,504
Total assets, end of year
$838,631
Total liabilities, end of year
$61,973
Net assets or fund balances, end of year
$776,658
Program services expenses (Part IX)
$468,561
Management and general expenses
$92,336
Fundraising expenses
$0
Program service expenses (Part III)
$468,561

Program services were 83.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $55,181

  • 1f · All other contributions, gifts and grants

    $20,000

  • 2a · Program service revenue: PUBLICATION

    total $193,239 · related or exempt $193,239

  • 2b · Program service revenue: ANNUAL MEETING

    total $143,398 · related or exempt $143,398

  • 3 · Investment income

    total $38,746 · excluded $38,746

  • 11a · Other revenue: OTHER INCOME

    total $5,504 · related or exempt $5,504

  • 11e · Other revenue, total

    $5,504

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $34,923 · program services $34,923

  • 11a · Fees: management

    total $148,334 · program services $74,167 · management and general $74,167

  • 11c · Fees: accounting

    total $6,458 · management and general $6,458

  • 11g · Fees: other

    total $27,850 · program services $27,850

  • 13 · Office expenses

    total $46 · management and general $46

  • 14 · Information technology

    total $2,850 · program services $1,425 · management and general $1,425

  • 17 · Travel

    total $13,016 · program services $13,016

  • 23 · Insurance

    total $8,902 · management and general $8,902

  • 24a · Other expenses: ANNUAL MEETING

    total $194,904 · program services $194,904

  • 24b · Other expenses: JOURNAL EXPENSES

    total $101,929 · program services $101,929

  • 24c · Other expenses: BAD DEBT EXPENSE

    total $9,091 · program services $9,091

  • 24d · Other expenses: ASSOCIATION MANAGEMENT

    total $5,751 · program services $5,751

  • 24e · All other expenses

    total $6,843 · program services $5,505 · management and general $1,338

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $154,144 · end of year $40,268

  • 4 · Accounts receivable

    beginning of year $40,610

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,573 · end of year $55,620

  • 11 · Investments: publicly traded securities

    beginning of year $688,530 · end of year $742,743

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,212 · end of year $37,968

  • 19 · Deferred revenue

    beginning of year $55,064 · end of year $24,005

  • 27 · Net assets without donor restrictions

    beginning of year $834,581 · end of year $776,658

Mission and programs · 2024

Mission

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 PUBLIC'S 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.

  • "ARIA'S 3 1/2 DAY ANNUAL CONFERENCE. NEARLY 190 PARTICIPANTS, A MIX OF ARIA MEMBERS AND NON-MEMBERS, FROM ACROSS THE WORLD (MAJORITY USA).

    Expenses $468,561 · Revenue $342,141

  • "ARIA HAS TWO JOURNALS: JOURNAL OF RISK & INSURANCE (JRI) AND RISK MANAGEMENT & INSURANCE REVIEW (RMIR).

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Weili Lu

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • David Eckles

    FIRST VP/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Lawrence Powell

    SECOND VP/PROGRAM CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Randy Dumm

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Daniel Bauer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Thomas Berry-Stolzle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Cassandra Cole

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Jeff Czajkowski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Enya He

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Annette Hofmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Andre Liebenberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Petra Steinorth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • MacKenzie Kelley

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    10

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
23 July 2025
IRS schema version
2024v5.2
Source object
202532069349300013

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