Robert Rodriguez Little Red Ridinghood Trilogy
These would be apropos given that the wolf and skunk characters from the Santa's Village of Madness shorts show up in it. The funny thing is, a fan-made continuation of MST3K did a riff of it--and a good one, too: http://www.mft3k.com/episodes/F01/index.html. (There's a link to watch it there as well.) But you've done movies and shorts that have been riffed by MST3K and others (there are several fan-made riffs of A Visit To Santa, f'r'ex), so maybe you could outdo it?
Drew Curlee commented
I believe these are all connected to the Santa's Village shorts -- costumed characters and all!
It's a K. Gordon Murry! It even has that strange whistling song from the Santa's Village shorts, the ones with Puss and Boots.