Appropriate age group(s):
Preschool and Younger
Elementary School

Estimated time to make this decoration:
10-15 minutes plus drying time; more time if you make oodles of ornaments

Materials:
For each ornament:

glue

3 wood craft sticks/'popsicle' sticks:

approx. 12 inches of ribbon (for tying to tree or package)

green felt (scraps are fine!)

3 red sequins

2 plastic 'wiggly eyes'

1 small red pom-pom OR a red button, for nose

Instructions:
Rudolph's 'head': put a generous bit o' glue at one end of a wooden stick, and join with a second stick to make a 'V' shape.

Slightly more than Halfway up the 'V', glue the third wood stick cross-wise, on top of the 'V'.

X                        X
  X                     X
     X                 X
       X             X<---3rd stick
         X         X<---Eyes
           X    X
              X <---Nose

Pardon the "sketch"; anyway, the red pompom or button is glued at the point of the 'V', and the eyes are each glued about an inch and a half or so above the nose.

Some drying time will make it easier to tie the ribbon ;-) Snack or playtime, anyone?

The ribbon can be tied at the midpoint of the crosswise stick. (When the 'holly' trims are glued on last, that little glue puddle also helps secure the ribbon attachment a bit more).

Cut a pair of holly leaves out of the felt scrap. Secure to the mid point of that 3rd stick, with glue...add a little more glue to secure the 3 sequins. (You can make a paper pattern for the holly leaf, or just Go For It and cut 'em freehand!) The holly leaves add to that whacked-out Antler look where the sticks converge ;-)

Other comments or suggestions to consider:
Most of the time involved will be Drying time.

My 7 year old loved these, and could hardly wait to tie them to the tree we put in the family room. It would be hard to find a cheaper, easier, more kid-friendly ornament; just watch that the very smallest crafters (and family pets) are not Eating buttons, sequins, pompoms, etc.

I think this will be the ornament we'll take for the Ornament Exchange at the Cub Scout Christmas Party. It also lends itself to being a Group activity.