Free Tutorial: Sweetest Little Twist Thread Catcher If the outside circle fabric is felt ( and has a flap and snap?), it's a needle holder as well. Could use a bangle bracelet instead of a Pringles ring.
Thread catcher basket – free Love this scrap basket. Designed as a thread catcher to sit next to your sewing machine, but I'm actually sewing it for my guest room to hold face cloths, small bottles and amenities too.