Nice room! My stash is probably three times that amount and I haven't gotten to the point of saying no more fabric just yet. I have all of it on the fabric boards so it doesn't take up much space to store. I have fat quarter pack and pre cuts in large baskets. Single fat quarters are sorted by color in plastic bins. My scraps are in a tall open laundry hamper. When the scrap hamper gets full I take it to a sew day and let my sew buddies get what they want. I buy batting by the bolt so it's easy to stand up in the corner of the closet.