Here's an oldie but a goodie...making handkerchief ghosts from empty recycled toilet paper rolls. They're way cute, and you could very easily light them up with a glow stick. Plus, it's another project that's great for kids.
CLICK HERE for the tutorial. The first set of instructions are in Swedish (I think...it's a .se website) but underneath the instructions are translated into English. Thank you to Karin and Freya for sharing!