Many things

As a whole, Cthulhu.

It's Cthulhu.

But as for the separate pieces... The top on the inside just the red a big grizzly bear. Just the black in the top are salmon, the red with the black in each side of the top are moose one way and a man in a sleeping bag the other way. The black in the middle is a bat but also the red twin mountain peaks. So maybe it's an owl instead of a bat... Because the owls aren't what they seem.

On the bottom.

The black is dolphins kissing and the red is the a human jaw bone.