Preheat oven to 350°
Cream together butter and cream cheese.
Whisk in egg, vanilla and almond extract until combined.
Beat in cake mix until well blended.
Stir in M&Ms and sprinkles.
Refrigerate dough for 30 minutes.
Line baking sheet with parchment paper.
Form balls with 1 TBSP of dough.
Arrange dough balls approximately 2 inches apart on baking sheet.
Place in oven and bake for 9-11 minutes.
Remove from oven and allow cookies to cool on baking sheet for 2 minutes before moving to cooling rack.
Cookies will be soft.
Store in an airtight container.