Abstract: A collapsible support rack having a mounting member adapted to be placed on a vertical wall and a support member, attached to the mounting member, adapted to support the objects intended to be stored. The support member includes a plurality of rods spaced outwardly from the mounting member. The support member is movable between a lowered position in which the support member hangs downwardly from the mounting member such that the rods are substantially horizontally extending and vertically spaced, and a raised position in which the support member extends outwardly from the vertical wall such that the rods are horizontally extended but at least somewhat horizontally spaced. Hook means are provided on a first end of the support member for hanging the support member in the lowered position and for releasably locking the support member in the raised position.