Recent evidence suggests that many signaling molecules localize in microdomains of the plasma membrane, particularly caveolae. In this study, overexpression of adenylyl cyclase was used as a functional probe of G protein-coupled receptor (GPCR) compartmentation. We found that three endogenous receptors in neonatal rat cardiomyocytes couple with different levels of efficiency to the activation of adenylyl cyclase type 6 (AC6), which localizes to caveolin-rich membrane fractions. Overexpression of AC6 enhanced the maximal cAMP response to  1 -adrenergic receptor ( 1 AR)-selective activation 3.7-fold, to  2 AR-selective activation only 1.6-fold and to prostaglandin E 2 (PGE 2 ) not at all. Therefore, the rank order of efficacy in coupling to AC6 is  1 AR >  2 AR > prostaglandin E 2 receptor (EP 2 R).  2 AR coupling efficiency was greater when we overexpressed the receptor or blocked its desensitization by expressing ARKct, an inhibitor of G protein-coupled receptor kinase activation, but was not significantly greater when cells were treated with pertussis toxin. Assessment of receptor and AC expression indicated co-localization of AC5/6,  1 AR, and  2 AR, but not EP 2 R, in caveolin-rich membranes and caveolin-3 immunoprecipitates, likely explaining the observed activation of AC6 by AR subtypes but lack thereof by PGE 2 . When cardiomyocytes were stimulated with a AR agonist,  2 AR were no longer found in caveolin-3 immunoprecipitates; an effect that was blocked by expression of ARKct. Thus, agonist-induced translocation of  2 AR out of caveolae causes a sequestration of receptor from effector and likely contributes to the lower efficacy of  2 AR coupling to AC6 as compared with  1 AR, which do not similarly translocate. Therefore, spatial co-localization is a key determinant of efficiency of coupling by particular extracellular signals to activation of GPCR-linked effectors.