Hang your wrapping paper on the back of the storage closet door for keeping during the holidays; just remove and use when needed. Install hooks, place dowels, and hang (ribbon spools too, and hooks for tape, scissors, etc).
Stocking hanging board. There's no fireplace in our new house. I wonder if you could put it in a spot where it could be used for sweaters or some other kind of hanging during the year. (Or maybe a curtain rod hung somehow instead of hooks? Then you could add more stockings without much trouble in case of company or more kids. Gotta figure it out by next year.)