Another idea might be to cut it in strips, just small strips maybe 1" x 3" or 4" and just tie it around say one of the brass ring/wreath do-dad's you can get in different sizes at Walmart or Joann's. Just fill it up with tied pieces until it is full and fluffy. Then you can decorate it with a big bow or whatever on top.
I beleive the fabric is still available at that price too! Love this one
, it is done with a coat hanger like my Dad used to bend for my Mom when she made her yarn wreaths at the holidays. I do know to bend these old hangers are a pain, but it makes them really cheap to make.