Here are the 2015 ornaments.
I have learned recently that they are also called Suffolk puffs. There are videos on how to make yo-yos and ideas for using the in crafts on You Tube.
The larger circles were cut from felt using a Big Shot. We used embroidery floss to do a blanket stitch around the felt circles. Floss is also used to tack the circles together through the centers and make a bow on the front.
We got started on these at a Sisters Retreat in Galena IL in August. Here are the stacks of circles. We each made a prototype and took our share home to complete over the months. They really turned out cute.