The free actin concentration at steady state, A c , is a variable that determines how actin regulatory proteins influence the extent of actin polymerization. We describe a novel method employing fluorescence anisotropy to directly measure A c in any sample after the addition of a trace amount of labeled thymosin  4 or thymosin  4 peptide. Using this assay, we confirm earlier theoretical work on the helical polymerization of actin and confirm the effects of actin filament-stabilizing drugs and capping proteins on A c , thereby validating the assay. We also confirm a controversial prior observation that profilin lowers the critical concentration of Mg 2؉ -actin. A general mechanism is proposed to explain this effect, and the first quantitative dose-response curve for the effect of profilin on A c facilitates its evaluation. This mechanism also predicts the effect of profilin on critical concentration in the presence of the limited amount of capping protein, which is the condition often found in cells, and the effect of profilin on critical concentration in cell extracts is demonstrated for the first time. Additionally, nonlinear effects of thymosin  4 on the steady state amount of F-actin are explained by the observed changes in A c . This assay has potential in vivo applications that complement those demonstrated in vitro.Total cellular actin is equal to the sum of the concentration of free monomer (the critical concentration, A c ), the concentration of unpolymerized actin sequestered by various actin-binding proteins, and the concentration of actin polymer or F-actin. Changes in A c induced by actin regulatory proteins influence actin polymer dynamics by an amplification mechanism that results in large changes in the amount of sequestered, unpolymerized actin. Quantitative evaluation of models of cytoskeletal function requires accurate knowledge of the value of A c . Unfortunately, A c has not yet been measured in cells and has only been estimated by very indirect methods in cell extracts (1). In vitro methods have been developed that allow for the measurement of F-actin using birefringence (2), viscosity (3), light scattering (4), centrifugation (5), binding of labeled phalloidin (6), or the fluorescence of pyrenyl-labeled actin (7). Other methods such as the DNase I binding assay yield the sum of A c and an indeterminate fraction of sequestered actin monomer (8). Clever uses of combinations of data have in some cases allowed investigators to subtract F-actin content from total actin and then fractionate the contributions of A c and monomer sequestration (9, 10), but the results have proven controversial (11,12).Based on theoretical considerations, the critical concentration is expected to be equal to the ratio of the rate constants of association and dissociation of actin subunits from actin filaments. Measurement of these rate constants using a method such as electron microscopy can be used to indirectly evaluate A c , assuming the applicability of the theory (13,14). However, the participation of actin b...