Abstract: The invention provides a collapsible saddle rack for wall mounting. The rack is easily moveable from an upper operative position presenting a horizontally disposed rack to a lower position in which the rack is pivoted downwardly to a position of rest against an associated wall. The rack includes a mounting plate, and two frame members pivotally mounted on the plate. In the operative position, the frame members interengage and are self-supporting, but may be easily disengaged and swung to their retracted positions.