I've made teacup pins cushions for gifts. I find a pretty teacup and saucer at goodwill and fill a scrap circle with steel wool. Gather into a ball-shape and glue in cup. glue cup to saucer. saucer makes a place to put a bobbin, spool etc.
I can't claim this idea as my own, I saw one done up and copied the idea. (I also buy velvet kids dresses to cut up for the fabric circle. Makes a pretty gift)