Pour the heavy whipping cream into a small bowl and add in the cotton candy. The cream will instantly dissolve the cotton candy. Using a mixer, beat the cream until soft peaks form. Set aside.

In a medium bowl, mix together the cream cheese and powdered sugar until smooth. Fold in the whipped cream mixture.

If desired, add a couple drops of gel food coloring to reach the desired color.

Chill for an hour and serve with cookies or graham crackers.