This is not my original idea, as I've seen them done on glass balls.
I've just made them safe, easy & inexpensive, by using construction paper.
By using various shapes for the hats etc. you cover a report card standard too.
I've also made up a poem to go with them.
I put the file in DOC form, so you can change the date each year and add names.
Click on the link to pop on over to my blog to have some fun with this freebie.