When I burn isopropyl alcohol (IPA), it burns orange. But when I burn ethyl alcohol, it burns totally blue. Why is this?
IPA has a different carbon:hydrogen ratio than ethanol. There is more incomplete combustion occurring with IPA, hence the smoky orange flame and smell of soot. Ethanol combusts more completely, leading to a blue (soot-free) flame and no smell.

In response to your second question, ethanol likely has a lower latent heat of vaporisation than IPA, resulting in it evaporating rapidly. It takes a lot of heat energy away from the tray when doing this, leading to the tray cooling. A similar effect can be observed if you accidentally get some types of solvent on your hand and feel a sudden coldness as they vaporise, taking heat from your skin.