Paint balloon using color schemes. Tie in with weaving or coiling for th basket. Paper mache a balloon, pop the balloon, add string and a basket for spring class crafts. Could go great as a bulletin board theme (Kid's Soaring to New Heights in Reading.
If your couch dominates your living room, try planting a long table (for lamps, houseplants, or even extra storage) behind it. This move multiplies your surface space when you don't have a wall to spare.