The North Pole is about to be shut down by a depressed Santa Claus. A group of well-meaning angels turn to Mrs. Claus to help turn things around. If she can find one child who understands the true meaning of Christmas - the North Pole will be saved. Mrs. Claus appears before Arnold Bates and convinces him to take on the task - find the true meaning of Christmas to raise Santa's spirits and keep the North Pole going. Arnold recruits his friends to help, and through a series of misadventures, they band together and discover the true holiday spirit.