Add room temperature cream cheese and butter to a large mixing bowl or the base of a stand mixer.
Add powdered sugar and vanilla extract.
Use an electric hand mixer or stand mixer to beat the ingredients together on medium speed for 2-3 minutes, or until smooth and creamy.
Prepare the flavored cream cheese dips.
Divide the prepared cream cheese dip into 4 large mixing bowls.
In the first bowl, add ¼ cup red velvet cake mix and use an electric hand mixer to combine the cake mix into the cream cheese dip.
In the second bowl, add ¼ cup cocoa and use an electric hand mixer to combine the cocoa into the dip.
For the third bowl, add ¼ cup peanut butter and use an electric hand mixer to combine the peanut butter into the dip.
Leave the last bowl of cream cheese dip plain, it will be used to make the Christmas tree with sprinkles.
Place the cream cheese dips, covered in the refrigerator for one hour to chill.
Make the cream cheese dips into festive holiday shapes.
Spray the inside of the cookie cutters with cooking spray.
Place the cookie cutters on the board, arranged how you want them.
Press the dips into their corresponding cookie cutters.
Red velvet in a candy cane cookie cutter, peanut butter in a reindeer cookie cutter, chocolate in a gingerbread man cookie cutter and plain cream cheese dip in a Christmas tree cookie cutter.
Once the dips are pressed into the cookie cutters, gently slide the cookie cutters up and off the board.
Decorate each of the dips by placing crushed peanuts on the peanut butter reindeer, green sprinkles on the Christmas tree, mini chocolate chips on the chocolate gingerbread man and white sprinkles or white chocolate chips in rows on the candy cane.
Finish the board.
Now that the festive dips are ready to go, add the cookies, crackers, pretzels and fruit to the board, surrounding the cream cheese dips.
Notes
The nutritional information provided does not include the serving options, as the information will change based on which serving options you include on the board.
If making the board ahead of time, only refrigerate the cream cheese dips, do not refrigerate the various serving options with the dips.
Cream cheese dips can be stored in the refrigerator for up to 7 days.