This is a great idea to organize your ribbon.
You can use a curtain rod of your choice with standard brackets and even add finials for interest. Or you could use end mount brackets if installing your rod in a nook, window or closet. Top it off with rings and you're done. You could even put the ribbon directly through the rings and skip the clips.
Another way to organize your ribbon.
Here is a cafe curtain rod with hooks for hanging everything from scissors to marker cups.
I love these galvanized buckets hung on the wall.
Wire baskets can be hung on a curtain rod to hold almost anything.
Books on organizing your craft room: