"Broken Glass" Cupcakes

INGREDIENTS

• 4 1/2 cups cake flour (not self-rising)
• 2 tablespoons baking powder
• 1/2 teaspoon ground cinnamon
• 1/4 teaspoon freshly grated nutmeg
• Salt
• 1 1/2 cups whole milk
• 1 tablespoon pure vanilla extract
• 2 sticks plus 2 tablespoons unsalted butter, room temperature
• 2 1/4 cups granulated sugar
• 7 large egg whites, room temperature
• 1 1/2 cups granulated sugar
• 3/4 cup water
• 1 pound cream cheese, room temperature
• 2 sticks unsalted butter, room temperature
• 6 cups confectioners' sugar
• 1/2 teaspoon pure vanilla extract
• 1 cup cherry preserves, strained, for garnish