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From this blog post: http://sewliberated.typepad.com/sew_liberated/2012/04/taming-the-art-supply-dragon.html Which is an amazingly detailed list of art supplies to have on hand for kids, and a few resources for projects too. Activities For Kids, Kids Things, Art Closet, Closet Organizations, Kids Art, Creative Families, Activities Crafts Plays, Art Supplies, Lists
craft cupboar - like the organization style 1. Outfit a bookcase to hold supplies: glass jars for markers and pencils; a three-tier cooling rack for paper; baking pans for crayons, ribbons, scissors, and pastels; a lazy Susan for easy access to glues and paints; paper-covered shoe boxes for photos; and clear-plastic toolboxes for sewing notions.
Another great idea from Tip Junkie - I'm going to use the bucket idea. and of course write the names in vinyl - simplysaiddesigns...