A folio of the story. Mobiles about the story. Collages about the story. Brochures, flyers, advertising signs about the story. Logos to reflect themes from the story.
Book covers to illustrate the story.
And those are just ideas for using art with literature. There are all kinds of ideas you can use to teach writing, research, poetry, grammar, etc. For vocabulary study, direct students to create a poster that illustrates the meaning of a vocabulary word. For poetry, ask students to draw an incident that might have caused the poet to create the poem you are studying. For research, ask students to create a storyboard to illustrate the central thesis of their research papers and the specific details that substantiate that thesis.