Abstract: An improved tape dispenser/receptacle having complimentary oblong-shaped top and bottom portions adapted to mate with each other, wherein the improvement consists of: first and second spool-dispensing axes, each axes composed of ten pegs; longitudinally-oriented inner and outer sets of ridges, extending downward from underneath the device's top portion; a plurality of tape exist and flattening apertures; resilient tabs extending outward from the device's side walls, in one-to-one correspondence with the exit/flattening apertures; and a cutting surface. The spool-dispensing axes hold rolls of tape or other material which may be marked with identifying indicia. The inner ridges touch the radial surface of the tape rolls to keep the rolls from wobbling during dispensing, while the outer ridges act as means to keep the tape straight en route through the exit/flattening apertures.