Balloon Rockets - I've done this in several science camps I've conducted. Kids have fun with it. But, when the balloon deflates it may fall off the straw because it's surface area changes - another good thing to show and explain to kids.
Spider-Mans web at superhero party. The simplest activities are the best with kids! Make a spider web out of painter's tape, let them throw scrunched up newspaper ball to see if they can get them to stick.
Marble Races with a cheap pool noodle (occupies the kids for hours.) Did this, but instead of cutting the pool noodle, the marble is small enough to fit inside the full noodle to roll down. Then can use the noodle for other things too!