The question asks which statement is NOT true. W3C was founded by Tim Berners-Lee in 1994, not Tim O'Reilly. Tim O'Reilly is associated with Web 2.0 terminology, not W3C's founding. The other statements (A, C, D) are true: W3C is the main international standards organization for the Web, it was founded at MIT, and had 322 members as of 2011.