I like to have my thread scissors, seam ripper and small rotary cutter to the right of my sewing machine for quick access. My pin cushion, pencil and various other accessories, that I'm using at the time, end up adding to the necessary clutter.
carousel
I've used a tabletop carousel for art supplies, for many years. Inspiration hit the other day. There just so happened to be an empty carousel, waiting to be filled with the various quilting supplies that had accumulated.

Everything fits nicely with room for more. The carousel spins freely for quick access and the rubber feet hold it in place. I can also easily pick the carousel up and move all those supplies to the cutting table or to wherever I need them.

It had been many years since I had bought a carousel so I looked them up on Amazon for anyone that is interested. Amazon has several that run from $15.00 to $23.00 with free shipping for orders over $25.00. Do a search on Amazon for pencil carousel.

We'd love to hear some of your storage ideas in the comment section. Happy quilting!