Apparatus and methods are described for the containment and dispensing of liquid in a container that can be stored more conveniently and easily. Apparatus are described wherein the liquid containing and dispensing apparatus has a main body and collapsible sides that enclose a liquid holding reservoir which is in fluid communication with a collapsible spout. The collapsibility of the sides and the spout reduces the size of both the profile and the volume of the apparatus, allowing it to be more easily stored.