Abstract: A storage basket is arranged for pivoted mounting to a ceiling structure such as in a garage and the like, wherein support flanges pivotally mount the basket therebetween, with the support flanges including latch means for securement of the basket in a horizontal orientation and wherein actuation means are provided to selectively release the latch means to permit pivotal movement of the basket to a vertical orientation. The basket is formed of side wall frames having mesh side walls therewithin, as well as a mesh floor and mesh end walls. Shelf frame members are mounted within the basket structure with a partition frame movably mounted within the basket to provide for adjustment of the storage division within the basket.