Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

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Item 1.

(a)

Name of Issuer

Culp, Inc.

(b)

Address of Issuer's Principal Executive Offices

1823 Eastchester Drive
High Point, NC 27265

Item 2.

(a)

Name of Person Filing

Paulette R. Baum Revocable Living Trust u/a/d 7/21/98 (the "Reporting Person")

(b)

Address of Principal Business Office or, if none, Residence

30201 Orchard Lake Road
Suite 107
Farmington Hills, MI 48334

(c)

Citizenship

The Reporting Person is a citizen of the United States of America.

(d)

Title of Class of Securities

Common Stock, par value $0.05 per share

(e)

CUSIP Number

230215 10 5

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

[    ]

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

[    ]

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

[    ]

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

[    ]

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

(e)

[    ]

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

[    ]

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

[    ]

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

[    ]

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

[    ]

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

[    ]

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4.

Ownership.

(a)

Amount beneficially owned:

The Reporting Person directly owns 780,000 shares, (consisting of 705,100 shares in the Trust, and 74,900 shares in related IRAs over which the reporting person has direct control).

(b)

Percent of class:

6.7%, consisting of: (1) shares owned directly by the Reporting Person, which represent approximately 6.7% of the issued and outstanding shares of Common Stock of the Issuer. The foregoing percentages are calculated based on 11,686,959 shares of Common Stock outstanding as of October 29, 2006, as reported in the issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on December 8, 2006.

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote

The Reporting Person has sole voting power over 780,000 shares which he owns directly.

(ii)

Shared power to vote or to direct the vote

N/A

(iii)

Sole power to dispose or to direct the disposition of

The Reporting Person has sole dispositive power over 780,000 shares which he owns directly.

(iv)

Shared power to dispose or to direct the disposition of

N/A

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [    ].

Instruction: Dissolution of a group requires a response to this item.

                                 Not Applicable

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

See response to Item 4.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not Applicable

Item 8.

Identification and Classification of Members of the Group

Not Applicable

Item 9.

Notice of Dissolution of Group

Not Applicable

Item 10.

Certifications

  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

        After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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