ROFL! Yeah, I have it in my kitchen drawer. The first time I saw it, I had no idea what it was. It’s a measuring cup holder.
The object in the image is a part of a children’s toy, specifically from a set called “Oogoo” or a similar building toy kit. The phallic shape with a ring at the bottom is used to connect other parts of the toy, allowing children to build various structures. These types of connectors are often made of soft, flexible material and come in various shapes and sizes to create different configurations.