Is a Donut a Donut by any other Color?

Not really. Apparently food dyes potentially can have serious, negative health effects. Read about it here: http://www.eatingwell.com/food_news_origins/food_news/the_hidden_health_risks_of_food_dyes?utm_source=HuffingtonPost_Brierley_FoodDyes_101510

Here's the bottom line:

If you’re concerned, ditch the potentially dangerous synthetic dyes. Look for foods bearing the green-and-white USDA certified organic label, but be aware that foods labeled “made with organic ingredients” may still contain synthetic dyes. You can also check product ingredient lists for beet, carotenes, annatto, capsanthin (a paprika extract)—as all are natural colorants. Counterintuitively, the terms “artificial color,” “artificial color added” or “color added” also indicate that nature-derived pigments were used since synthetic dyes must be listed by their names.