Sometimes for Family Home Evening we'll have a Daddy Carnival, usually for the activity.
Daddy chooses a few rides he's willing to do for the kids like Strawberry Roan, Spinning, Flying Lessons, Climb and Flip, Skin the Cat, Rocket, etc. Then they get a certain number of tickets or turns that they can use for the ride of their choice. The kids love it!
You could have older kids help with giving the rides (or with first aid ; ).
P.S. This is Elizabeth the Younger : ).