Grease and flour a two-piece baking pan, then line with parchment paper and grease the paper for easy removal after baking.

Beat salted butter, Butter Flavored Crisco, cream cheese, and sugar for 4 minutes until fluffy. Scrape the bowl and continue creaming for another 4 minutes.

Mix in vanilla, lemon, and orange extracts. Add eggs one at a time, mixing and scraping the bowl after each addition.

Sift together flour and baking powder. Gradually add the dry ingredients to the wet mixture in thirds. Stir gently and finish mixing by hand.

Divide the batter into four bowls. Add red, yellow, and blue gel coloring to separate bowls, mixing each until fully incorporated. Combine red and blue for the "Black" color.

Layer the batters into the pan starting with black, then yellow, red, and green. Smooth each layer gently for an even distribution.

Place the pan in a cold oven, set to 300°F. Bake for 2 hours or until a toothpick comes out clean, and the cake is golden brown.

Mix powdered sugar, cream cheese, and milk. Add lemon and orange extracts, then divide into three bowls. Add red, yellow, and green food coloring to each.

Once the cake has cooled for 30 minutes, pour the colorful glazes over it, letting them drip down the sides.