I created this for my 'No Name' hanging board I made for classroom, to keep all the 'no name' papers I come across. It has been much easier doing it this way instead of holding on to the papers and continuously asking students whose they are.
I printed this to cardstock paper and just Mod Podge'd it to an acrylic canvas. I superglued colorful clothespins to the gray area of the picture. This is where the papers hang from. Finished it off with a ribbon staple to the back for hanging purposes.
This could also work well on a bulletin board, and papers could be tacked to the gray area of the picture.