Consider which utensils you actually use on a daily or weekly or monthly basis. Perhaps items used often could be stored in a pretty crock on the countertop. Or not - it's up to you & the space you have.
Utensils used infrequently (the turkey baster you only use at Thanksgiving) could be afforded a different space, perhaps in your pantry, a buffet, or even a small box in the basement; somewhere not "in the way", but easily accessible when a utensil is needed.
Also ask yourself if you actually need every utensil? When is the last time you used ______________? Be honest, and if you find that you really don't use a utensil, donate it.