Dumbo is a baby elephant born with over-sized ears and a supreme lack of confidence. But thanks to his even more diminutive buddy Timothy the Mouse, the pint-sized pachyderm learns to surmount all obstacles.

Jo March and her husband Professor Bhaer operate the Plumfield School for poor boys. When Dan, a tough street kid, comes to the school, he wins Jo's heart despite his hard edge, and she defends him when he is falsely accused. Dan's foster father, Major Burdle, is a swindler in cahoots with another crook called Willie the Fox. When the Plumfield School becomes in danger of foreclosure, the two con men cook up a scheme to save the home.