Organize fabric, ribbons, thread, trim, buttons, needles, and whatever else with cheap fishing boxes from Walmart (~$6).
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I use fishing tackle boxes from Walmart or Kmart to store craft supplies or sewing notions like threads, buttons, needles, beads, etc. I also use one box for kids art supplies like crayons, pencils, markers, erasers, etc.
I took a fishing tackle box (discarded by dad) and turned it into a craft box for my boys. I put in crayons, colored pencils, tape, glue regular pencils, and some glitter, etc.
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Foldout fishing tackle boxes make great storage boxes for craft supplies and projects. You don't have to search for paint brushes or other items, and you can easily transport your supplies.