In a mixing bowl, combine warm milk, sugar, and yeast. Let it sit for 5 minutes until frothy.

Add melted butter, eggs, salt, and cinnamon to the yeast mixture. Mix well.

Gradually add flour, mixing until a dough forms. Knead for about 5-7 minutes until smooth.

Place the dough in a greased bowl, cover, and let it rise in a warm place for 1 hour.

In a bowl, mix softened cream cheese, powdered sugar, and vanilla extract until smooth.

Preheat the oven to 350°F (175°C).

Roll out the dough on a floured surface into a rectangle.

Spread the cream cheese filling evenly over the dough.

Roll the dough tightly into a log and shape it into a ring, pinching the ends together.

Place the ring on a baking sheet lined with parchment paper. Let it rise for another 30 minutes.

Bake for 25-30 minutes until golden brown. Let it cool.

Decorate with colored sugar before serving.