Crush Oreos in a food processor or in a plastic bag with a rolling pin.
Mix in cream cheese
Split into 6 small bowls. Color each portion a different rainbow color.
Combine small amount from each bowl to make a center.
Melt the chocolate chips by microwaving in 30 second bursts. Stir between burst until fully melted.
Dip the centers in the chocolate and coat them completely.
Sprinkle on sprinkles while the chocolate is still soft.
Place on a wax-paper lined cookie sheet to dry. Putting them in the fridge will make them dry faster.