Just a quick post to share a couple of ideas for inexpensive craft room storage.
I wanted to rescue my wrapping paper and rolls of leftover wallpaper from the awkward back corner of the closet, but I did not want to pay big bucks for specialized storage boxes. I discovered a much less expensive solution in these $2 plastic bag dispensers from Ikea. They are perfect for rolls of paper. I attached four to a scrap of wood and then screwed the wood into the wall studs so it can hold some weight.
For storing craft paints and glues, spice racks are a great solution. They're readily available at thrift stores for just a few dollars. I have two that I painted and decoupaged with Halloween papers just for fun.