Abstract: A paint dispensing and storage kit includes a tubular paint dispensing body defining a body chamber and having opposed open and closed ends. A plunger is positioned in the body chamber for movement between inserted and extended configurations. A dispenser tip is operatively connected to the closed end through which paint is drawn into or dispensed from the body chamber upon operation of the plunger. The kit includes a cap removably attachable to the dispenser tip for preventing paint flow therethrough. The kit also includes a plurality of applicator tips for selective attachment to the dispenser tip. The kit further includes a reservoir for storing excess paint, the reservoir being a separate container, a paint cartridge, or integrated with the dispenser body for communicating excess paint therebetween.