Wow that is a strange one. It is possible something has gone wrong in your installation of XNA or .Net or even DirectX. First try running the game as administrator to see if that changes anything. According to https://msdn.microsoft.com/en-us/library/k7137bfe.aspx the error could be related to your .Net framework, so lets install the very latest version and try the game again: https://www.microsoft.com/en-us/download/details.aspx?id=53344. Just curious, but did you extract the game files to your desktop, or are you running it from within a zip file? If so try extracting the files to your desktop first. I hope some of this works!
EDIT: Oh and if you have upgraded to Windows 10 Recently, it can mess up the XNA install, so that might be worth giving a reinstall too: https://www.microsoft.com/en-us/download/details.aspx?id=20914