DIY thread storage

Here is my solution for storing thread.  Cheap pegboard / perfboard from the hardware store - some places will even cut it to size for you.  1/4" dowels cut down to 4" lengths. 

Apply wood glue to the dowel, place in hole on the pegboard, allow to dry.   Repeat, leaving enough room between adjacent dowels for the spools to fit.

I store any color-matched bobbins on the same dowel as the thread to keep colors handy.   Each pegboard is in a drawer of a cabinet, with no particular organization scheme.   These drawers are about 6" deep, which keeps stray thread ends nicely contained.