Most drag is just dressing up then singing songs and telling jokes and talking to the crowd. It very much can be made kid friendly. I doubt you've ever been to a drag show.
I used to work jewelry at kohls. I had to walk husbands thru the selection process at Xmas and valentine's. Most were clueless. They had no clue what type or style of jewelry their wives wore. I had to ask a bunch of questions so I could guide them.