Butterflies, Dragonflies and cupcakes? What could be better?
Almost nothing.
Here's an EZ cooking craft for kids. Just make a batch of cupcakes, and one small bread loaf pan cake. Place them on a flat platter, baking sheet or even wax paper. Arrange the loaf/cake as the head, the cupcakes as the body, and use licorice whips to form the wings. Pour a caramel glaze into the wings, (which you can make with brown sugar and butter, melted slowly in a cast iron pan), then use rolo candies for eyes and you have a dragonfly. When you've eaten the loaf, just downsize the cake into a butterfly.
I used to make all sorts of things like this for the kids, when they were little. And they and their friends just ate it up ;)