In a large mixing bowl or with a hand mixer, mix the cream cheese and eggs until well combined.
Add half of the red velvet cake mix and mix well until combined.
Add in the milk and vanilla, mixing on low until well incorporated.
Add in the remaining cake mix and combine until the batter is formed.
Fill the donut pans 2/3 of the way full, this can be done with a cake piping bag or with a spoon.
Bake in the preheated oven for 15 minutes or until when you insert with a toothpick the toothpick comes out clean.
Cool for 2 minutes in the pan.
Place them on a cooling rack to cool completely.
While they are cooling, make a glaze. Make the cream cheese glaze by using a small bowl or hand mixer. Combine the cream cheese, powdered sugar, cream, and vanilla extract.
Mix until well combined.
If the mixture is too thick, add 1 tbsp of extra cream.
Top the cooled donuts and add sprinkles if desired.
Notes
These can be stored on the counter in an airtight container, 2-3 days than in the fridge for up to 5 days.You can freeze the donuts, unglazed in a Ziploc Bag for up to 60 days in the freezer. For an added twist you can add in mini chocolate chips or white chocolate too.