Thanks for the info everyone! To give some background info on my original question: I shot a short film, 16:9 AR, and have been playing around with cropping to give it different looks. I feel like 1.85 is not wide enough, and 2.35 is too wide, and there doesn’t seem to be a standard AR in between the two. So I started making my own that felt right to me, but got to thinking that I was doing something “wrong” by not using a standard AR, which is why I posted my original question.
It sounds to me like standard ARs are standard due to technical origins and cinematic tradition. Therefore using a non-standard AR is ok as long as it is a creatively and artistically justified decision.