A party accessory storage and display unit has a central portion with two spaced apart planar panels which form a U-shaped opening there between and a display panel hingeably and detachably mounted on the central portion to move between an open position and a closed position adjacent to the central portion. Two pivotal members are each pivotally connected to opposite sides of the central portion to move between a storage condition inside the U-shaped opening and a serving position outside of the U-shaped opening of the central portion. The central portion and the two pivotal members have several compartments for holding accessory items for a social event. A display panel is hingeably attached to the central portion for displaying selected indicia. The unit is easily adapted to be supported by different configurations and sizes of tables, and is easily set up, taken down, and transported.