Yes. What the IRS requires is that you pay yourself reasonable compensation (which is wage or salary income), but outside of state labor laws, you are not bound to pay yourself on any particular schedule. Since, as an "employee" of your own business, you have considerably more leeway, you might opt to do this.
Just keep in mind what "reasonable compensation" means, because the IRS defines it loosely. The compensation must be in line with what a worker in a similar field would get paid for the services rendered. Since you state that this business is part-time, you may wish to determine a fair hourly rate for the work you do that compares to what others who do the same work in your area would get paid. (You can use the "lower-range" figures of such compensation, but it still must be within reason.) Then, keep track of your hours. As long as you are not working overtime hours (more than 40/hrs./week, for example), using the wage method (and documenting your hours) is an ideal way to determine "reasonable compensation", because it will reflect fair pay for the amount you worked. If you were working more full-time with OT hours, a salaried-exempt model might be better.
If you keep track of all of this, you can pay yourself at the end of the year, but you still may need to file quarterly payroll reports (like Form 941), even though you report 0 income or tax withheld.
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